For investors who can live with the current volatility in global markets, this is a great time to get back into the market, BlackRock CEO Laurence Fink told CNBC's "Squawk Box."
While fears persist over global growth, uncertainty in Europe, and the meltdown in oil markets, Fink said he has not seen more than one sovereign fund sell equities this month.
"I'm pretty optimistic here because of this meltdown," said Fink, noting that plummeting gas prices amount to a huge tax cut for the world. He sees lower gas prices spurring growth in emerging markets, particularly in India, and shaving 30 to 40 cents off the price at the pump for American consumers.
Fink made his comments after BlackRock reported third-quarter earnings that topped analysts expectations.
Shares of the firm moved higher in premarket trading following the report. (Get the latest quote here.)