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  • Key companies reported strong earnings
  • Retail sales were up 9.8%
  • First-time filings for unemployment insurance dropped to the lowest level since March 2020

  • Expects to break even in June, as demand is surging
  • Lost $1.2B in the first quarter
  • This is its fifth straight quarter in the red

  • Boost in AUM led by inflows across the platform, especially fixed income
  • Total net investment flows rose to a record $172B during the first three months of the year
  • This is the fourth straight quarter BlackRock has attracted more than $100B of new money.
www.ft.com
BlackRock assets under management surge to record $9tn
Investors pour money into fixed income and equity funds

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