KM Financial Solutions | BlackRock posts 40% jump in quarterly profit
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BlackRock posts 40% jump in quarterly profit

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.

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