iShares inflows driven by two global product lines
NEW YORK--(BUSINESS WIRE)--
BlackRock, Inc. (NYSE: BLK) announced today that its iShares business
led the global industry by capturing $102.8bn in new flows in 2014, 31%
of the record-breaking $330.7bn global exchange traded fund (ETF) market
flows.
Growth was driven by the iShares U.S. and European product lines, which
continue to be adopted by investors across the globe. iShares U.S.
product line led the way with a record $82.8bn of new assets in 2014,
surpassing the previous record for U.S. iShares ETFs of $62.0bn in 2012.
In Europe, the business captured $20.3bn in net new flows.
Mark Wiedman, Global Head of iShares at BlackRock commented:
“iShares growth this year was driven by two global product lines.
Clients from Asia and Latin America continue to use both our U.S. and
European ETF suite in record numbers, contributing $19.8bn in net new
assets through November 30th.”
“We’re seeing ETFs truly come of age, as more investors around the world
recognize and embrace the versatility of these vehicles – whether it’s
for their strategic buy-and-hold investments or precision exposures to
express a view on virtually any market.
“ETFs have also been discovered by capital market participants, who are
using them as efficient substitutes for futures and swaps.”
“Fixed income was a key driver of flows globally, as investors of all
kinds increasingly adopt ETFs as an essential instrument for accessing
the bond markets. iShares captured $40.3bn globally or 48% of all new
flows into fixed income ETFs.”
iShares global AUM exceeded $1 trillion as of December 31, 2014.
About BlackRock
BlackRock is a leader in investment management, risk management and
advisory services for institutional and retail clients worldwide. At
September 30, 2014, BlackRock’s AUM was $4.525 trillion. BlackRock helps
clients meet their goals and overcome challenges with a range of
products that include separate accounts, mutual funds, iShares®
(exchange-traded funds), and other pooled investment vehicles. BlackRock
also offers risk management, advisory and enterprise investment system
services to a broad base of institutional investors through BlackRock
Solutions®. Headquartered in New York City, as of
September 30, 2014, the firm had approximately 12,100 employees in more
than 30 countries and a major presence in key global markets, including
North and South America, Europe, Asia, Australia and the Middle East and
Africa. For additional information, please visit the Company’s website
at www.blackrock.com
| Twitter: @blackrock_news
| Blog: www.blackrockblog.com
| LinkedIn: www.linkedin.com/company/blackrock
About iShares
iShares is a global leader in exchange-traded funds (ETFs), with more
than a decade of expertise and commitment to individual and
institutional investors of all sizes. With over 700 funds globally
across multiple asset classes and strategies and more than $1 trillion
in assets under management as of September 30, 2014, iShares helps
clients around the world build the core of their portfolios, meet
specific investment goals and implement market views. iShares
funds are powered by the expert portfolio and risk management of
BlackRock, trusted to manage more money than any other investment firm.
For a copy of the complete BlackRock ETP Landscape Report, please
email: ETPresearch@blackrock.com.
Carefully consider the Funds' investment objectives, risk factors,
and charges and expenses before investing. This and other information
can be found in the Funds' prospectuses or, if available, the summary
prospectuses which may be obtained by visiting www.iShares.com
or www.blackrock.com.
Read the prospectus carefully before investing.
Investing involves risk, including possible loss of principal.
International investing involves risks, including risks related to
foreign currency, limited liquidity, less government regulation and the
possibility of substantial volatility due to adverse political, economic
or other developments.
The Funds are distributed by BlackRock Investments, LLC (together with
its affiliates, “BlackRock”).
©2014 BlackRock. All rights reserved. iSHARES and BLACKROCK
are registered trademarks of BlackRock. All other marks are the property
of their respective owners. iS-14314-0115
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20150105005280/en/
BlackRock, Inc.
Melissa Garville, 212-810-5528
Melissa.Garville@blackrock.com
or
Diane
Henry, 415-670-4567
Diane.Henry@blackrock.com
Source: BlackRock, Inc.