UPDATE 3-BlackRock profit misses estimates, hit by lower fees for lending stocks
BlackRock Inc, the
world’s largest asset manager, took in less cash last quarter as
investors moved into lower-cost bond funds, and it made less
money lending out stocks.
world’s largest asset manager, took in less cash last quarter as
investors moved into lower-cost bond funds, and it made less
money lending out stocks.
Posted by Reuters
