BlackRock’s assets have hit a record high, but CEO Larry Fink is cautioning that market anxiety is becoming a major topic of conversation among clients. Despite the strong performance, Fink does not see systemic risk in the markets.
In an interview, Fink expressed concerns about market volatility and its impact on investors’ emotions. He stated that there are no plans to reallocate systematic investments outside of the US.
Fink’s comments come as BlackRock’s assets continue to grow, driven by strong performance in fixed income markets. The company’s focus on sustainable investing and ESG (Environmental, Social, and Governance) considerations has also contributed to its success.
However, Fink warned that market anxiety is becoming a major concern among clients, with many investors feeling anxious about the future of markets. Despite this, he remains confident in the resilience of the global economy and the ability of markets to absorb shocks.
BlackRock’s record assets are a testament to the company’s ability to navigate complex markets and deliver strong returns to its investors. Fink’s cautious tone suggests that the company is taking a measured approach to managing risk and navigating the uncertain market environment.
Source: https://www.reuters.com/business/finance/blackrock-profit-falls-declining-fee-income-2025-04-11