If BlackRock were a country, its AUM would make it the 3rd largest economy after the U.S. and China.
It is larger than the GDP of Japan, Germany, or India.
BlackRock’s AUM is also larger than the combined GDP of many G20 countries like the UK, France, and Canada.
Also Read:
BlackRock’s assets under management (AUM), exceeding $10.5 trillion, would make it the third-largest economy globally if it were a country, surpassed only by the U.S. and China. This figure is larger than the GDP of Japan, Germany, India, or the combined GDPs of the UK, France, and Canada.
While BlackRock doesn’t own this capital, it manages it on behalf of various clients, demonstrating its significant influence over global financial markets and corporate decision-making.
BlackRock doesn’t own this $10.5 trillion , it manages it on behalf of clients like pension funds, governments, and sovereign wealth funds.
Still, it reflects how much influence BlackRock has over global capital markets, corporate decisions, and financial policy.
With ownership in thousands of companies and control over huge ETF flows (through iShares), it shapes economies more than many governments.
www.startupstreets.com, www.intellexCFO.com
Also Read: CFO Services for Startups: Why Virtual CFOs are Becoming a Game-Changer in India
