UPDATE 1-BlackRock profit beats as exchange-traded funds boom
BlackRock Inc, the world’s
largest asset manager, beat analysts’ estimates for quarterly
profit on Wednesday, as more money rolled into its cash
management business and exchange-traded funds amid concerns of
slowing global growth.
largest asset manager, beat analysts’ estimates for quarterly
profit on Wednesday, as more money rolled into its cash
management business and exchange-traded funds amid concerns of
slowing global growth.
Posted by Reuters
