BlackRock Eyes Strong Brazil Growth

BlackRock expects to sustain strong asset growth in Brazil next year regardless of the upcoming election outcome. The firm sees rising interest in international investments driving momentum.

Insights:
A trader works as a screen displays the trading information for BlackRock on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 14, 2022. REUTERS/Brendan McDermid/File Photo

BlackRock expects to maintain asset growth between 30% and 35% in Brazil this year, regardless of the outcome of this month's general election. The target follows a 12% increase in assets under management in 2025. Sustained inflows reflect rising client demand for international assets, according to the firm's local leadership.

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