BlackRock posts 40% jump in quarterly profit
BlackRock Inc, the world’s
largest asset manager, reported a 40.3% rise in fourth-quarter
profit on Wednesday, as more money rolled into its low-risk
exchange-traded funds and cash management business amid concerns
of slowing global growth.
largest asset manager, reported a 40.3% rise in fourth-quarter
profit on Wednesday, as more money rolled into its low-risk
exchange-traded funds and cash management business amid concerns
of slowing global growth.
Posted by Reuters
