The world’s largest asset manager plans to raise $400 billion from clients by 2030 for its funds that invest in private equity, private credit, real estate, infrastructure and other so-called alternatives to public stocks and bonds.

CEO Larry Fink has shut down rumors of his exit from the firm, saying: I'm not planning to leave BlackRock anytime soon, so you don't have to have those questions later on. Fink, who co-founded BlackRock in 1988,

CEO Larry Fink said Thursday that he is not planning to leave the company "anytime soon," offering no new clarity on who may ultimately succeed him as boss of the world's largest money manager. For some time,