BlackRock, Inc. Q4 2025: This could be Financial Art - 1.15.2026 (011)

BlackRock just hit a record $14.04 trillion in assets, absorbing a massive $342 billion in net inflows in a single quarter. But the headline numbers hide a much bigger strategic pivot.In this episode, Susie and Miro break down how Larry Fink is planning to "index the un-indexable", using Preqin data and Aladdin to standardize private markets just like iShares did for bonds.We also dig into the "ruthless efficiency" of BlackRock’s plan to keep headcount flat while integrating massive acquisitions, the counter-intuitive rise in fee yields, and management’s warning about a coming "catch-up" in private credit defaults.Is the era of easy cash over? Tune in for the full breakdown. 📉💰