BlackRock beats profit estimates as assets swell to nearly $7 trillion

October 15, 2019 admin Business News Comments Off on BlackRock beats profit estimates as assets swell to nearly $7 trillion

BlackRock Inc , the world’s largest asset manager, exceeded analysts’ estimates for quarterly profit on Tuesday, as investors poured money into its fixed-income funds and cash management business amid worries about global growth.

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Source:: Reuters – Business News