You should note that shares or units may only be redeemed directly from the Funds by persons or entities registered as participating dealers in very large redemption sizes. Daily outlook for October 16: DAX collapses. Stay on top of what’s happening globally, our latest views, key investment trends and implications to your investment. IShares funds brought in more than $117 billion, surpassing Vanguard’s $104 billion in net flows. Larry Fink David Orrell | CNBC Your access to and use of such linked websites is governed by the terms of use and privacy policies of those sites, and shall be at your own risk. Due to its power, and the sheer size and scope of its financial assets and activities, BlackRock has been called the world'… © 2020 CNBC LLC. Each party hereby waives any objection which it might at any time have to the courts of Singapore being nominated as the forum to hear and determine any proceedings and to settle any disputes and agrees not to claim that the courts of Singapore are not a convenient or appropriate forum. THIS WEBSITE IS NOT INTENDED FOR AND SHOULD NOT BE ACCESSED BY PERSONS LOCATED OR RESIDENT IN ANY JURISDICTION WHERE (BY REASON OF THAT PERSON'S NATIONALITY, DOMICILE, RESIDENCE OR OTHERWISE) THE PUBLICATION OR AVAILABILITY OF THIS WEBSITE IS PROHIBITED OR CONTRARY TO LOCAL LAW OR REGULATION OR WOULD SUBJECT ANY BLACKROCK ENTITY TO ANY REGISTRATION OR LICENSING REQUIREMENTS IN SUCH JURISDICTIONS. Nothing contained on this Website constitutes tax, accounting, regulatory, legal, insurance or investment advice. Performance fees for the latest quarter more than doubled from a year earlier, BlackRock said. At any time the share or unit price may be at a discount or premium to the asset value. You may download material displayed on this Website for your personal use provided you also retain all copyright and other proprietary notices contained on the materials. IT IS YOUR RESPONSIBILITY TO BE AWARE OF, TO OBTAIN ALL RELEVANT REGULATORY APPROVALS, LICENCES, VERIFICATIONS AND/OR REGISTRATIONS UNDER, AND TO OBSERVE ALL APPLICABLE LAWS AND REGULATIONS OF ANY RELEVANT JURISDICTION IN CONNECTION WITH YOUR ENTRANCE TO THIS WEBSITE. If you desire to display on your website a hyperlink to a BlackRock website, you must enter into a written agreement with BlackRock governing such display. In exchange for using this Website, the visitor agrees to indemnify and hold BlackRock, its officers, directors, employees, affiliates, agents, licensors and suppliers harmless against any and all claims, losses, liability, costs and expenses (including but not limited to attorneys' fees) arising from your use of this Website, from the visitor's violation of these Terms or from any decisions that the visitor makes based on such information. The ETFs launched by Blackrock are among the largest and most popular on the market. BlackRock reserves the right to cease providing, or to change, this Website and content of such information (or any portion or feature thereof) at any time or frequency and without notice. SUCH CHANGES SHALL BE EFFECTIVE IMMEDIATELY UPON POSTING. BlackRock, the world's largest fund manager with $7.8 trillion in assets under management, has benefited from the trend toward passive with its iShares business. It does not mean that the scheme is suitable for all investors nor is it an endorsement of its suitability for any particular investor or class of investors. Any opinions expressed on this Website may change as subsequent conditions vary. BlackRock expressly disclaims all liability for errors and omissions in the materials on this Website and for the use or interpretation by others of information contained on the Website. Please review our Privacy Policy, which is a part of this Agreement and hereby incorporated by reference, to learn about our information collection practices and the measures we take to preserve the privacy and security of your information. Except as otherwise stated in these Terms or as expressly authorized by BlackRock in writing, you may not: System Outages and Incomplete Transmissions. Plummeting markets dragged the world’s largest money manager’s assets under management below $7 trillion at the end of the quarter. We provide investment solutions for every need. All Rights Reserved. BlackRock recorded some $129 billion of total net inflows, led by continued momentum in fixed income and cash management, with positive flows “across all regions, investment styles and product types,” it said, noting that more than half of those flows were driven by clients in Europe and Asia. Electronic communications can be intercepted by third parties and, accordingly, transmissions to and from this Website may not be secure. Use this Website in any manner that could damage or overburden any BlackRock server, or any network connected to any BlackRock server, as all servers have limited capacity and are used by many people; Use this Website in any manner that would interfere with another party's use of the Website; Include the term "BlackRock" or any BlackRock trademark or executive's name, or any variation of the foregoing, as a meta-tag, hidden textual element; Use any robot, spider, intelligent agent, other automatic device, or manual process to search, monitor or copy this Website or the reports, data, information, content, software, products services, or other materials on, generated by or obtained from this Website, whether through links or otherwise (collectively, "Materials"), without BlackRock's permission, provided that generally available third-party web browsers may be used without such permission; or. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. According to Morningstar, BlackRock’s iShares unit had some of the most successful exchange-traded funds with regard to net flows in 2019. Decisions based on information contained on this Website are the sole responsibility of the visitor. People & Money: Singaporeans & sustainable investing, 5 ways the world could change: An investor watchlist, What do I do with my portfolio now? Align your investments to your values with funds that support ESG considerations. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. The content contained on this Website is owned or licensed by BlackRock and its third-party information providers and is protected by applicable copyrights, trademarks, service marks, and/or other intellectual property rights. Investors added a net $35 billion in new money to the firm’s coffers, down by about half from the prior-year period.