Post by Mike Pyle

Clients entrusted BlackRock with $192 billion of net inflows in the second quarter, helping drive our strongest first half on record. Our earnings results also underscore a trend we've been talking about for some time: investors are increasingly looking beyond broad market exposure and toward differentiated sources of return. That helped drive $53 billion of net inflows into active strategies in the quarter, including $20 billion into our active ETF suite and $20 billion into our systematic platform, which has doubled in assets under management to $400 billion over the last two years. As markets become more complex and outcomes more dispersed, the opportunity set for active investing expands. We're seeing that reflected in how clients are building portfolios—combining index, active, and private markets exposures to pursue their objectives across a wider range of market environments. https://1blk.co/4f8qScA