BlackRock (BLK.N), the world's largest asset management company, attracted $205 billion in client fund inflows in the third quarter of this year, benefiting from its continued expansion in private credit and alternative assets. According to a statement on Tuesday, investors netted $153 billion into stocks, bonds, and other ETFs during the quarter, bringing BlackRock's total ETF assets to over $5 trillion for the first time. Long-term investment funds saw net inflows of $171 billion, exceeding market expectations of $161.6 billion. As markets rebounded, the company's assets under management (AUM) rose to a record $13.5 trillion. Adjusted EPS in the third quarter increased 1% year-on-year to $11.55, higher than the market's expected $11.47; revenue increased 25% year-on-year to $6.5 billion. Inflows also included $34 billion in cash management and money market funds, with the business's assets surpassing $1 trillion for the first time.