UPDATE 3-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.
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.
Posted by Reuters