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A comment on BlackRock suffers $1.7T loss in 6 months: Worlds largest asset manager. Parent comment

Re:BlackRock suffers $1.7T loss in 6 months: Worlds largest ... by s1artibartfast on Thursday July 21, 2022 @01:18AM (#32176017)
Comparable. If the front page of Google is correct, Blackrock had 10T and Vanguard 8T assets under management at the start of the year
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Re:BlackRock suffers $1.7T loss in 6 months: Worlds largest ... by bradknowles on Thursday July 21, 2022 @11:46PM (#32188279)
Check out Euroclear.com. They exclusively handle all back end clearing and settlement on the Paris, Brussels, and Amsterdam Bourses, as well as the London Stock Exchange. They may now handle some other stock exchanges, too. They also handle the majority of backend clearing and settlement across Europe.

As of the last time I checked (several years ago), they had over 27T Euros of assets under management.

Their competitor in the US is Depositary Trust Corporation (DTC), and last I checked they had over one quadrillion dollars of assets under management.

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