Financial Performance - BlackRock's Assets Under Management (AUM) reached $14.0 trillion as of December 31, 2025[2] - Q4 2025 Base Fees and Securities Lending Revenue totaled $5.3 billion[2] - Q4 2025 Operating Income, as adjusted, was $2.848 billion[8] - Q4 2025 EPS, as adjusted, reached $13.16[9] Asset Flows and Growth - Total BlackRock experienced net inflows of $82 billion in Q4 2025[5] - ETFs Long-term organic asset growth rate was 12% in Q4 2025[5] - Long-term Cash organic asset growth rate was 3% in Q4 2025[5] Revenue Analysis - Base fees accounted for 73% of quarterly revenue[22] - Base fees increased by 20% year-over-year and 5% sequentially in Q4 2025[22] - Performance fees increased by 67% year-over-year and 46% sequentially in Q4 2025[22] Expense Analysis - Employee compensation & benefits increased by 28% year-over-year and 9% sequentially in Q4 2025[34]

BlackRock Inc. pulled in $342 billion of total client cash in the fourth quarter, pushing the firm to a record $14 trillion of assets as it integrates a string of recent acquisitions to become a force in private markets. Investors added $268 billion on a net basis to its long-term investment funds, including $181 billion to its exchange-traded fund business that now has $5.5 trillion overall, BlackRock said Thursday in a statement announcing full-year and quarterly earnings. The tally in the last three mo ...

The world's largest money manager posted net income of $1.13 billion, down 33% from a year earlier. ...

On a per-share basis, net income was $7.16, falling short of analysts' forecast for $11.20. Adjusted per- share earnings were $13.16, beating forecasts of $12.24. BlackRock reported fourth-quarter net income of $1.13 billion, down 33% from the prior year, while assets under management rose 22% to a record $14 trillion. Shares rose 1% in premarket trading. ...

BlackRock beat Wall Street estimates for fourth-quarter profit on Thursday as a rally in markets lifted fee income and pushed its assets under management to a record $14.04 trillion. ...

About BlackRock BlackRock's purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate. Chairman and Chief Executive Officer, Laurence D. Fink, President, Robert S. Kapito, and Chief Financial Officer, Martin S. ...

Core Viewpoint - Huaxi Securities indicated that Huaxi Fund, established relatively recently, has launched four equity funds and one bond fund, with a limited overall management scale. The company aims for steady development and plans to expand its sales channels, increase asset management scale, enhance brand image and market influence, and promote high-quality growth [1] Group 1 - Huaxi Fund has issued four equity funds and one bond fund [1] - The overall management scale of Huaxi Fund is relatively limited [1] - The company will adhere to a steady development philosophy [1] Group 2 - Future plans include continuous expansion of sales channels [1] - The goal is to increase asset management scale [1] - The company aims to enhance brand image and market influence [1]

Core Insights - The S&P 500 is experiencing unprecedented concentration, with the 10 largest companies accounting for about 40% of the index's weight, significantly above the long-term average of approximately 20% [1][2] Group 1: Market Concentration - Analysts express concern that high concentration may lead to lower S&P 500 returns over the next decade compared to a less concentrated market [2] - The top 10 stocks in the S&P 500 account for 35% of the index's earnings, making the current weight of 40% reasonable [6] Group 2: Investment Alternatives - The Invesco S&P 500 Revenue ETF tracks the S&P 500 but weights stocks based on trailing-12-month revenue, imposing a 5% weight cap on individual stocks [3][5] - The Invesco S&P 500 Equal Weight ETF measures performance by giving equal weight to all constituents, eliminating concentration risk entirely [8][9] Group 3: Performance and Fees - The Invesco S&P 500 Revenue ETF has returned 545% since its inception in 2008, while the S&P 500 has returned 630%, indicating potential for continued underperformance due to concentration risk [6][10] - The Invesco S&P 500 Revenue ETF has a relatively high expense ratio of 0.39%, while the Invesco S&P 500 Equal Weight ETF has a lower expense ratio of 0.2%, making it a more cost-effective option for investors seeking exposure without concentration risk [7][11]

数据说明： 产品统计范围为理财公司"固收+期权"类理财公募产品，统计截止日期为2025年12月31日，统计区间为2025年度。 榜单排名来自理财通AI全自动化实时排名，如您对数据有疑问，请在文末联系助理进一步核实。 | । ਦੋਵ | 产品名称 | 净值增 管理人 长率 | 最大回撤 | 年化波动 网 | 卡玛 | | --- | --- | --- | --- | --- | --- | | | 招零全球公产 | 动量两年定开 | 2.29% | 2.75% | 3.52211 | | | 10号A款 | | | | | | | 招睿全球资产 动量十四月定 开2号A款 | 5.40% 招银理财 | 0.97% | 1.64% | 5.63645 | | | 塞享指数增强 1号一年定开 | 平安理财 5.16% | 3.04% | 2.99% | 1.70485 | | 4 | 丰利兴动多策 略全球-钱潮 | 兴银理财 4.62% | 2.10% | 2.85% | 2.20051 | | | 封闭式3号B | | | | | | 5 | 恒容戸深300 指数挂钩固定 收益类6个月 | 工银理财 4.41% ...

NEW YORK (AP) — Wall Street steadied on Thursday as stocks in the artificial-intelligence industry bounced back following an encouraging report from a Taiwanese chip giant and as oil prices eased sharply. The S&P 500 rose 0.3% and snapped the two-day losing streak it had been on since setting an all-time high. The Dow Jones Industrial Average added 292 points, or 0.6%, and the Nasdaq composite rose 0.2%. Nvidia and other formerly high-flying AI stocks helped lift the market after Taiwan Semiconductor Man ...