##  [# Hot Reads: BlackRock AUM Could Pass $15T By 2028](/sections/daily-hot-reads/hot-reads-blackrock-aum-could-pass-15t-2028) 

 

# Hot Reads: BlackRock AUM Could Pass $15T By 2028

 

 

Plus, actively managed funds in Europe saw their worst returns in 20 years in 2022.



 

 

 

 

 [![HeatherBell_green_bg](/sites/default/files/styles/author_image_icon/public/2023-03/heather2.png?itok=5J9vBlda)](/contributors/heather-bell) 

[By Heather Bell](/contributors/heather-bell)

 Apr 17, 2023

 Edited by: Heather Bell

 

 

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[**BlackRock Assets Might Top $15T in 5 Years, Analyst Says**](https://www.bloomberg.com/news/articles/2023-04-17/blackrock-assets-to-top-15-trillion-in-five-years-analyst-says?srnd=premium&sref=MAODZZNF) (Bloomberg)  
Fixed income and cash management are expected to be key drivers of the firm’s growth.

[**Active European Funds Deliver Worst Returns in More Than 20 Years**](https://www.ft.com/content/c4ba7bc2-0e70-4963-b772-cab462267c95) (Financial Times)  
Active equity funds domiciled in Europe generated -4.1% of alpha after fees last year.

[**China’s Abandoned Illusion of High Growth** ](https://jheconomics.com/chinas-abandoned-illusion-of-high-growth/)(Jackson Hole Economics)  
The country is now focusing more on job creation and macroeconomic stability.

[**Developed Ex-US Stocks Rally for 4th Straight Week**](https://capitalspectator.com/stocks-in-developed-markets-ex-us-rally-for-fourth-straight-week/) (The Capital Spectator)   
The long-running drought in relative returns for foreign stocks versus American shares may be fading.

[**Merger Arb as a Diversification Strategy**](https://alphaarchitect.com/2023/04/merger-spread/) (Alpha Architect)   
A study found that merger arbitrage returns are negatively correlated with high-yield spreads.

[**Leading Oil ETFs Post Longest Run of Weekly Outflows Since July**](https://www.bloomberg.com/news/articles/2023-04-17/leading-oil-etfs-post-longest-run-of-weekly-outflows-since-july?sref=MAODZZNF) (Bloomberg)  
The four largest oil ETFs saw four weeks of net outflows, likely on concerns around recession risks.

[**Why You Should Be Wary of Using TLT as a Hedge**](https://seekingalpha.com/article/4594369-tlt-etf-not-market-hedge-risk-further-decline-hold) (SeekingAlpha)  
Given the long-term nature of its holdings, buyers should expect a similarly high duration.



 

 

 [ Heather Bell ](/contributors/heather-bell) 

 

 

  Heather Bell is a former managing editor of etf.com. She has also held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a…   [View Bio](/contributors/heather-bell)

 



 

 


 Related Topics  [Equity](http://www.etf.com/topics/equity) 

 [Europe](http://www.etf.com/topics/europe) 

 [China](http://www.etf.com/topics/china) 

 [Oil](http://www.etf.com/topics/oil)