The asset manager’s earnings were supported by continued exchange traded funds (ETF) inflows and steady growth in private markets assets, even as institutional index strategies saw net outflows.
BlackRock reported a strong first quarter for 2026, with ETFs accounting for most of the asset growth. Total net inflows for the quarter amounted to US$130 billion, lifting assets under management (AuM) to US$13.9 trillion at the end of March, a 20% year-on-year increase, according to BlackRock’s Q1 2026 financial reports released on 14 April. The ETF growth was driven primarily by iShares ETFs, which recorded a record quarterly inflow of US$132 billion, led by fixed income funds’