BlackRock has seen its assets under management grow to $15.3trn on the back of a strong quarter of net inflows and buoyed financial markets.

The world’s largest asset manager raked in $192bn of new client money in the second quarter, driven by both its passive exchange-traded-fund (ETF) range and actively managed franchise.  

BlackRock said for the first half of 2026, inflows more than doubled compared with the prior year and that flows were particularly strong in ETFs, private markets, active fixed income and systematic equity strategies.

The firm reported $6.6bn of inflows to its liquid alternatives business, and $15.4bn of inflows to its private markets business, bringing its total alternatives assets under management to almost $450bn.

Laurence Fink, chairman and CEO said: “The scale and depth of our client relationships globally have never been greater. Clients are turning to BlackRock for insights and opportunities.”

He added: “BlackRock is simultaneously a leading public markets manager, a scaled private markets platform, and a global technology company. The quality and breadth of our platform is differentiating us with clients more than ever before.”

BlackRock’s shares closed 6.6% higher on Wednesday after it posted its quarterly results, which showed a 42% increase in operating income and 31% jump in revenue compared with the previous year.

The investment firm’s organic base fee growth during the quarter was 8%, over 50% higher than the prior year and well above its own 5% target.

While the firm’s Americas region saw the biggest jump in inflows of $152bn, followed by EMEA with $55bn of flows, Apac saw net outflows of $8bn, alongside digital assets, which experienced $3bn of net outflows.