BLK · Earnings call · 2026Q3T · Full report
International Revenue Growth
BlackRock, Inc. · 2026-10-14 · Importance 30 · Surprise 40 · In source text
International demand was a significant contributor to BlackRock’s growth, with one-third of long-term net inflows coming from clients outside the United States. Europe and Asia each delivered double-digit organic base-fee growth, while the Middle East generated more than 20% global base-fee growth. Foreign investment into U.S. equities and funds was described as reaching record levels. BlackRock linked regional momentum to its long-term local presence and demand for systematic equity, private markets, retirement, and technology capabilities.
Key facts
- The pension fund for the Dutch construction industry named BlackRock as its preferred candidate for an $80 billion outsourced fiduciary mandate last month.
- Europe and Asia each saw double-digit organic base fee growth, and the Middle East delivered over 20% global base fee growth.
- A third of BlackRock's long-term net inflows come from clients outside the United States.
- More than 70% of BlackRock's systematic equity net inflows come from international clients.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | probable | — | The pension fund for the Dutch construction industry named BlackRock as its preferred candidate for an $80 billion outsourced fiduciary… |