BlackRock hits record high $11.5 trillion in assets on market rally, ETF boost
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BlackRock's assets under management hit a record high for the third straight quarter on Friday, helped by surging inflows to the company's exchange-traded funds and a searing equity rally that boosted the value of its clients' investments. Stock markets overcame the August selloff and broadened their rally in the third quarter, driven by renewed hopes of a soft landing for the world's largest economy after encouraging inflation data. The broader equity market benchmarks finished higher in the
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