Number of funds owned by BlackRock globally as of June 18, 2026, by asset class and region
BlackRock runs well over a thousand funds, and they can be sorted both by asset class, such as equities or bonds, and by the region they invest in, such as North America or global markets. This report breaks down the number of BlackRock funds worldwide in 2026 by asset class and region.
By region, North American and global funds dominate, making up the great majority of the total, while funds focused on single countries are far fewer and almost always equity funds. This count-based view follows from our BlackRock funds by investment style and fund type report and our BlackRock funds by fund type and asset class analysis.
Two regions dominate: by geographic focus, BlackRock operates around 570 North American funds and 500 global funds, together about 80 percent of the total. Europe, Asia-Pacific and emerging-market funds make up the rest.
By asset class, equity funds are the most numerous overall, but the balance shifts sharply by region. The firm overall scale and reach are profiled in our BlackRock statistics and facts overview.
A note on the data. Region here means the geographic focus of each fund, not where clients live. The figures are reconciled from Statista data, including 1,093 funds in mid-2023, plus later launches, and are approximate estimates for 2026. The broad picture is clear enough.
BlackRock Funds by Region
| Region of focus | Number of funds | Share |
|---|---|---|
| North America | 570 | 43% |
| Global | 500 | 37% |
| Europe | 150 | 11% |
| Asia-Pacific | 75 | 6% |
| Emerging markets | 45 | 3% |
The table lists the number of BlackRock funds by region in 2026, with each region share of the total. It shows North American and global funds far ahead, followed by Europe, Asia-Pacific and emerging-market funds. Sorting reveals the full order. Two regions tower over the rest.
BlackRock Funds by Asset Class
By asset class, equity funds are the most numerous, at around 600 of BlackRock roughly 1,340 funds, followed by fixed income at around 370. Multi-asset, alternative and cash funds make up smaller numbers. The ranking shifts sharply by region.
This ranking holds overall, but it varies sharply by region. In single-country and emerging markets, almost every fund is an equity fund, while in North America the mix is far broader, as our BlackRock AUM by asset class analysis explores.
Equity funds lead: by asset class, equity funds are the most numerous at around 600, followed by fixed income at around 370, with multi-asset, alternatives and cash funds making up smaller numbers. The mix varies sharply by region.
The dominance of equity funds by count reflects how finely BlackRock slices the worlds stock markets, with funds for countries, regions, sectors and themes. Bond and multi-asset funds are concentrated in the larger, more developed markets. Depth decides what BlackRock can offer.
Asset Class Within Each Region
Splitting asset class within each region reveals a striking pattern. In North America and global funds, all asset classes are well represented, but in smaller regions, equities dominate almost entirely. The contrast is stark and consistent.
North American funds span equities, bonds, multi-asset, alternatives and cash, while funds focused on single countries such as Japan or Germany are almost always equity funds. This reflects how BlackRock builds its range, as our BlackRock AUM by product type and region analysis shows.
Breadth follows depth: stacked by region, North American and global funds span every asset class, while smaller regions are dominated by equities. Only the deepest markets support a full range of bond and multi-asset funds.
The reason is practical: only the largest, most developed markets have deep enough bond and multi-asset demand to support a full range of funds. For smaller single markets, BlackRock typically offers just an equity fund or two. Demand simply is not there otherwise.
North America vs Global Funds
Comparing North American and global funds, the two largest regions, shows both their similarities and their differences. Both span all asset classes, but the balance differs. Each leans a slightly different way.
North American funds tilt a little more toward fixed income and cash, reflecting the depth of the US bond market, while global funds lean slightly more toward equities. The two ranges differ at the margin but overlap heavily.
The two backbones: North American and global funds both span every asset class, together about 80 percent of all funds. North America tilts a little more to bonds and cash, global a little more to equities.
Together, North American and global funds account for around 80 percent of all BlackRock funds, a concentration that has held for years. They are the backbone of the firm enormous product range.
North America: Beyond Equities
A surprising fact about North American funds is that, by count, non-equity funds outnumber equity funds. Bonds, multi-asset, alternatives and cash funds together exceed the number of pure equity funds. That makes North America unique.
This reflects the unusual depth of the US market, where BlackRock offers a vast array of bond, multi-asset and cash funds alongside its equity range. The breadth of US bond products is a theme in our BlackRock hub.
A US exception: in North America, non-equity funds, covering bonds, multi-asset, alternatives and cash, actually outnumber pure equity funds. This reflects the unusual depth and breadth of the US market.
This makes North America stand out: it is the one region where equities are not the clear majority of funds by count. Everywhere else, and especially in single markets, equity funds dominate the numbers. The US market is in a class of its own.
Equity Funds by Region
Looking only at equity funds, North American and global funds again lead, but every region has a substantial equity range. Equities are the one asset class BlackRock offers almost everywhere. No other class travels so widely.
Even small regions and single countries have equity funds, since stock markets are easier to track with index funds than bond or alternative markets. This global equity reach underpins the firm iShares brand, as our largest US ETF providers coverage shows.
Equities everywhere: North American and global funds lead on equities too, but every region has a substantial equity range. Equities are the one asset class BlackRock offers almost everywhere, from big markets to single countries.
The spread of equity funds across every region reflects how universal stock-market investing has become. Wherever there is a stock market, BlackRock is likely to offer a fund that tracks it, often as a low-cost ETF. Stocks are the universal product.
Single-Country Funds Around the World
BlackRock offers funds focused on individual countries, almost all of them equity funds tracking that country stock market. The United States has by far the most, followed by major markets like Japan, China and the United Kingdom. These big markets get several funds each.
These single-country funds let investors bet on, or diversify across, specific national markets. The range spans dozens of countries, from large developed markets to emerging ones, as our largest ETFs by market cap coverage shows.
Country by country: BlackRock offers funds focused on individual countries, almost all of them equity ETFs. The United States has by far the most, followed by major markets like Japan, China, the United Kingdom and Germany.
The number of funds per country roughly tracks the size and importance of each market. Big, widely followed markets get several funds each, while smaller ones may have just one, almost always an equity ETF. Size decides how many funds a country gets.
Which Regions Are Equity-Heavy
The share of each region funds that are equities varies widely. In emerging and single-country markets, almost all funds are equities, while in North America and global funds, equities are less than half. The gradient runs from small to large.
This gradient shows how the breadth of a fund range depends on the depth of the market. Only large, developed regions support a wide mix of asset classes, a pattern central to the firm, as our largest asset managers worldwide coverage shows.
Smaller means equity-heavier: in emerging and single-country markets, almost all funds are equities, while in North America and global funds, equities are less than half. The breadth of a range depends on the depth of the market.
So the smaller the market, the more equity-focused BlackRock offering tends to be. This is why single-country and emerging-market funds are overwhelmingly equity, while the big regions carry the bonds, multi-asset and alternative funds. Depth and breadth go hand in hand.
How Concentrated BlackRock Funds Are
BlackRock funds are highly concentrated by region. North American and global funds together make up around 80 percent of the total, a share that has barely changed over the years. The big two have always led.
As BlackRock launches more single-country and regional funds, this concentration is easing very slowly, but the two big regions still dominate. The slow shift mirrors the firm gradual international expansion, as our biggest companies by value rankings hint.
Two regions, most funds: North American and global funds together make up around 80 percent of all BlackRock funds, a share that has barely changed. It is easing only slowly as the firm launches more single-country and regional funds.
This concentration reflects where the deepest pools of investable assets are, and where BlackRock has the longest history. North America and global strategies remain the heart of its fund range, even as it spreads into new markets. The core stays firmly in place.
Fund Count vs Equity Share by Region
Plotting the number of funds by region against the share that are equities brings the whole picture together. The largest regions by fund count are the least equity-focused, and vice versa. The two measures pull in opposite ways.
North America and global funds are the most numerous but the least equity-heavy, while small single-market regions are the most equity-focused. This inverse link defines the firm fund map, much like the splits in our Apple and Google comparison coverage.
An inverse link: the bars show the number of funds by region while the line shows the share that are equities. North America and global funds are the most numerous but the least equity-heavy, while small single markets are the most equity-focused.
For BlackRock, the lesson is that region and asset class are tightly linked. The big regions carry the full range of funds, while smaller markets get a focused, mostly equity offering, shaping the global map of its products. Region and class are deeply intertwined.
Taken together, the breakdown shows a BlackRock whose funds are concentrated in North American and global strategies, which span every asset class, while funds focused on single countries are fewer and almost entirely equity. The split is remarkably consistent.
Whether counted by asset class or by region, BlackRock funds reveal how the depth of each market shapes its product range. The big regions carry the full mix, the small ones carry equities, and equity funds remain the most numerous of all. Equities sit at the centre of everything.
Frequently Asked Questions: BlackRock Funds
BlackRock funds, when sorted by the region they invest in, are heavily concentrated in North American and global strategies. Together, these two groups make up around 80 percent of the firm roughly 1,340 funds. North American funds, which invest in US and Canadian assets, number around 570, while global funds, which invest across many markets at once, number around 500. The remaining funds are focused on specific regions or countries: European funds number around 150, Asia-Pacific funds around 75, and emerging-market funds around 45, with additional single-country funds scattered across dozens of markets. This concentration in North America and global strategies reflects where the deepest pools of investable assets are and where BlackRock has the longest history. Importantly, region here means the geographic focus of each fund, not where its clients live. The pattern has held for years, easing only slowly as BlackRock launches more single-country and regional funds to broaden its global reach.
Most BlackRock funds focused on a single country, such as Japan, Germany or Brazil, are equity funds, meaning they invest in that country stocks. The reason is practical: stock markets are relatively easy to track with low-cost index funds and ETFs, even in smaller countries, because shares are liquid and indexes are well established. Bond markets, by contrast, are deeper and more complex mainly in the largest, most developed economies, so it is harder to build a full range of bond, multi-asset or alternative funds for a single smaller country. As a result, BlackRock typically offers just an equity fund or two for each single market, usually an iShares ETF tracking that country main stock index. Only the largest regions, North America, global strategies and Europe, have enough demand and market depth to support a broad range of asset classes. This is why, as you move from big regions to small single markets, BlackRock offering becomes more and more equity-focused, until in the smallest markets it is almost entirely equities.
BlackRock operates around 570 funds focused on North American assets, making it the largest single region by fund count, closely followed by global funds at around 500. North American funds invest mainly in US assets, with some Canadian exposure, and span every asset class. A striking feature is that, by count, non-equity funds, covering bonds, multi-asset strategies, alternatives and cash, actually outnumber pure equity funds in North America. This reflects the unusual depth of the US market, where BlackRock offers a vast array of bond and multi-asset funds alongside its equity range, something not possible in smaller markets. North American and global funds together account for around 80 percent of all BlackRock funds, underlining how central these two groups are to the firm product range. This dominance reflects both the size of the US investment market, the largest in the world, and BlackRock long history there as a US-based firm. The concentration has held steady for years.
BlackRock funds cover five main asset classes: equities, meaning stocks; fixed income, meaning bonds; multi-asset strategies, which blend stocks and bonds; alternatives, such as private credit, infrastructure and hedge funds; and cash management, money held in short-term funds. By count, equity funds are the most numerous, at around 600 of roughly 1,340 funds, followed by fixed income at around 370, then multi-asset, alternatives and cash. However, the mix varies sharply by region. In North America and global funds, all five asset classes are well represented, with bonds and multi-asset funds especially numerous. In smaller regions and single countries, by contrast, the range narrows dramatically, often to equities alone. This is because only the largest, deepest markets can support a full range of bond, multi-asset and alternative funds. So while BlackRock offers a complete spread of asset classes overall, the breadth available depends heavily on the region: broad in the big markets, equity-only in the small ones.
North America has the most BlackRock funds focused on a single region, at around 570, narrowly ahead of global funds at around 500. These two groups together dominate, accounting for around 80 percent of the firm roughly 1,340 funds. North American funds invest mainly in US assets and span every asset class, while global funds invest across many markets at once. After these two, the next largest groups are European funds at around 150, Asia-Pacific funds at around 75, and emerging-market funds at around 45, plus single-country funds spread across dozens of individual markets. The heavy concentration in North American and global strategies reflects where the deepest and most liquid investment markets are, and where BlackRock, as a US-based firm, has its longest history and strongest relationships. While the firm has been steadily launching more funds focused on specific countries and regions, this has eased the concentration only very gradually, and North America and global funds remain firmly at the heart of its product range.
BlackRock offers equity funds across every region, making equities the one asset class available almost everywhere. North American and global funds again lead, with several hundred equity funds between them, but every region has a substantial equity range. European, Asia-Pacific and emerging-market funds are heavily weighted toward equities, and single-country funds are almost entirely equity funds. In total, BlackRock operates around 600 equity funds worldwide. The reason equities are so widely available is that stock markets are relatively easy to track with low-cost index funds and ETFs, even in smaller countries, since shares are liquid and indexes are well established. This is why, while bond and multi-asset funds are concentrated in the largest markets, equity funds reach into every corner of the world. The breadth of BlackRock equity range, from giant funds tracking the US market to niche single-country ETFs, is a key reason it is the worlds largest provider of equity ETFs through its iShares brand.
In this fund-count data, region refers to the geographic focus of each fund, that is, where the fund invests, rather than where its clients are based. So a North American fund is one that invests in North American assets, a global fund invests across many markets worldwide, and a single-country fund such as a Japan fund invests in that country market. This is different from another way BlackRock slices its business, by client region, which groups assets by where the investors live, into the Americas, EMEA and Asia-Pacific. The two can give different pictures. By fund count and geographic focus, North American and global funds dominate, making up around 80 percent of the total. By client domicile and assets, the Americas hold around two-thirds. Understanding which definition is being used matters, because a fund sold to European clients might still invest globally or in North America. In this breakdown, the focus is on what the funds invest in, which is why global and North American strategies stand out so strongly.
The split between mutual funds and ETFs varies by region, but for the two dominant groups, North American and global funds, the majority have historically been mutual funds, with ETFs making up most of the remainder. This reflects the long history of mutual funds in the large, developed US market, alongside the fast-growing iShares ETF range. For funds focused on single countries and smaller regions, ETFs are more common, since these are typically offered as iShares equity ETFs tracking a national stock index. So in broad terms, the big North American and global ranges contain a large number of traditional mutual funds plus many ETFs, while the more specialised single-country and regional funds are predominantly ETFs. Over time, the balance across all regions has been shifting toward ETFs, as BlackRock launches more iShares products and as investor demand moves toward the low-cost, easily traded ETF format. This is part of the broader, industry-wide shift from mutual funds to ETFs that BlackRock, as the largest ETF provider, is helping to drive.
BlackRock funds are highly concentrated by region. North American and global funds together make up around 80 percent of the total fund count, leaving only around 20 percent spread across Europe, Asia-Pacific, emerging markets and dozens of individual countries. This concentration has barely changed over the years; in mid-2023, for example, North American and global funds accounted for an even higher share of the total. The concentration reflects where the deepest and most liquid pools of investable assets are, namely the United States and broad global strategies, and where BlackRock has the longest history and strongest distribution. As the firm launches more single-country and regional funds, the concentration is easing very slowly, but the two big groups still dominate. This pattern is similar to the concentration seen by assets, where the Americas hold around two-thirds of BlackRock money. In both cases, the firm enormous scale is built on a relatively small number of large, broad regions, supplemented by a long tail of smaller, more specialised funds.
North America stands out as the one region where, by fund count, non-equity funds, covering bonds, multi-asset strategies, alternatives and cash, actually outnumber pure equity funds. This is unusual, since equities dominate almost everywhere else. The reason is the exceptional depth and sophistication of the US market. The United States has the worlds largest and most developed bond market, a huge appetite for multi-asset and target-date funds used in retirement saving, vast money market and cash funds, and a growing range of alternative strategies. BlackRock offers a correspondingly broad array of funds across all these categories, which together outnumber its US equity funds. In smaller markets, by contrast, there simply is not enough demand or market depth to support such a wide range of bond, multi-asset and alternative products, so those markets are served mainly by equity funds. So the abundance of non-equity funds in North America is a direct reflection of how deep, varied and mature the US investment market is, compared with the more equity-focused offerings elsewhere in the world.
Statista - Number of BlackRock funds worldwide by asset class and region - Source for the regional fund-focus breakdown.
Statista - Number of BlackRock funds by region, mid-2023 - Source for the 1,093 funds total, of which 1,017 were North American or global.
BlackRock fund listings - Reference for current fund counts.
