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October 15, 2024

Systemic asset manager

This year, BlackRock's assets under management have soared past $11.5 trillion—an amount exceeding the combined totals of the Federal Reserve's balance sheet, the U.S. Social Security Trust Fund, and the U.S. Thrift Savings Plan. With such immense financial clout, BlackRock's investment decisions not only move markets but also significantly influence the global economy. No alt text provided for this image