Global equity markets rallied in the first quarter as expectations grew that the world's major central bank's were done with monetary policy tightening and would pivot to rate cuts, resulting in a jump in assets under management (AUM). The company's AUM jumped to $10.47 trillion in the first quarter, up 15% year-on-year, helped by rising markets and inflows. BlackRock registered $57 billion of total net inflows in the quarter, down from $110 billion a year earlier. Read this story