Is State Street bigger than BlackRock?
State Street is not larger than BlackRock when measured by total assets under management. While State Street is a massive financial titan managing trillions of dollars in assets and serving as a primary global custodian, BlackRock stands as the largest asset manager in the world, managing significantly higher total assets globally. Both corporations, alongside Vanguard and Fidelity, form the elite group of dominant institutional financial giants, but BlackRock maintains the larger overall financial footprint in terms of managed capital.
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