在市场反弹和战略收购的推动下，贝莱德的资产管理规模飙升至创纪录的 11.48 万亿美元

贝莱德报告称，管理资产激增，从去年同期的 9.10 万亿美元和第二季度的 10.65 万亿美元增至 11.48 万亿美元。

BlackRock's assets under management (AUM) reached a record $11.48 trillion in the third quarter, driven by robust market inflows and strategic acquisitions. The world's largest asset manager continues to expand its offerings, aiming to integrate public and private markets into a comprehensive investment platform.

在强劲的市场流入和战略收购的推动下，贝莱德第三季度管理资产（AUM）达到创纪录的11.48万亿美元。这家全球最大的资产管理公司继续扩大其产品范围，旨在将公共和私人市场整合为一个综合性投资平台。

Here's a closer look at the factors that contributed to BlackRock's strong performance and its implications for the broader financial landscape:

以下是贝莱德强劲业绩的促成因素及其对更广泛金融格局的影响的详细分析：

Market Rally and Strategic Acquisitions Drive Growth

市场反弹和战略收购推动增长

BlackRock reported a surge in AUM, rising to $11.48 trillion, up from $9.10 trillion a year earlier and $10.65 trillion in the second quarter. The broad market rally, led by U.S. stocks that reversed losses from an August sell-off, drove the growth.

贝莱德公布的资产管理规模激增，从去年同期的 9.10 万亿美元和第二季度的 10.65 万亿美元增至 11.48 万亿美元。在美国股市扭转八月份抛售损失的带动下，市场广泛上涨，推动了经济增长。

The MSCI's global stock index rose 6.2% over the quarter, while the S&P 500 climbed 5.4%. Moreover, the firm added over $100 billion in private market assets by completing its $12.5 billion acquisition of Global Infrastructure Partners.

MSCI 全球股指本季度上涨 6.2%，标准普尔 500 指数上涨 5.4%。此外，通过完成对 Global Infrastructure Partners 的 125 亿美元收购，该公司的私募市场资产增加了超过 1000 亿美元。

Later this year, BlackRock is expected to close a $3.2 billion deal to acquire private markets data provider Preqin. These purchases will greatly enhance BlackRock's infrastructure investment and private market presence, which are both key future growth areas.

今年晚些时候，贝莱德预计将完成一项价值 32 亿美元的交易，收购私募市场数据提供商 Preqin。这些收购将大大增强贝莱德的基础设施投资和私人市场影响力，这都是未来的关键增长领域。

Record Net Inflows and Rising Investor Confidence

创纪录的净流入和不断上升的投资者信心

A new quarterly record of $221.18 billion was set by BlackRock's total net inflows during the third quarter. Long-term net inflows reached $160 billion, far exceeding the $100 billion analysts predicted.

贝莱德第三季度净流入总额达到2211.8亿美元，创下季度新纪录。长期净流入达到1600亿美元，远超分析师预测的1000亿美元。

A significant portion of these inflows came from ETFs, which saw $97.41 billion, while $62.74 billion was invested in BlackRock's fixed-income products. Cash management and money-market funds added another $61 billion in net flow, demonstrating strong demand from investors seeking safety amid economic uncertainty.

其中很大一部分资金流入来自 ETF，达 974.1 亿美元，而 627.4 亿美元投资于贝莱德的固定收益产品。现金管理和货币市场基金的净流量又增加了 610 亿美元，表明在经济不确定的情况下寻求安全的投资者的强劲需求。

Strong Earnings and Expanding Global Reach

强劲的盈利和不断扩大的全球影响力

In the third quarter, BlackRock's net income was $1.63 billion, or $10.90 per share, up from $1.60 billion, or $10.66 a year ago.

第三季度，贝莱德的净利润为16.3亿美元，即每股10.90美元，高于一年前的16.0亿美元，即每股10.66美元。

The firm also reported a higher adjusted net income per share a year ago than analysts expected, at $11.46. Higher performance fees and organic base fee growth contributed to this. In addition, revenue increased by 15% yearly, rising to $5.2 billion for the quarter.

该公司还公布一年前调整后每股净利润为 11.46 美元，高于分析师预期。更高的绩效费用和有机基本费用增长促成了这一点。此外，本季度收入同比增长 15%，达到 52 亿美元。

BlackRock's shares have risen by 18% this year, slightly lagging behind the S&P 500 index's 21% gain. The firm's increasing focus on alternative investments, private credit, and infrastructure is expected to fuel its growth.

贝莱德股价今年上涨了 18%，略落后于标准普尔 500 指数 21% 的涨幅。该公司日益关注另类投资、私人信贷和基础设施，预计将推动其增长。

In recent news, BlackRock has been reported to be tightening up its private debt business, which could involve a multi-billion dollar acquisition of HPS Investment Partners. It also added $2.4 trillion to its assets in the past year, highlighting its broad appeal among global investors.

最近有消息称，贝莱德正在收紧其私人债务业务，其中可能涉及对 HPS Investment Partners 的数十亿美元收购。去年，该公司的资产还增加了 2.4 万亿美元，凸显了其对全球投资者的广泛吸引力。

As the demand for diversified investment strategies continues to rise, BlackRock is positioning itself as a platform for investments in both the public and private markets. According to available data, following the recent sales, BlackRock now holds 369,640 BTC ($23.02B) and has sold 182 BTC ($11.33M) in the quarter.

随着对多元化投资策略的需求持续上升，贝莱德将自己定位为公共和私人市场的投资平台。根据现有数据，继最近的销售之后，贝莱德目前持有 369,640 BTC（$23.02B），并在本季度出售了 182 BTC（$11.33M）。