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KM Financial Solutions | UPDATE 3-Market turmoil hits BlackRock’s bottom line in 4th quarter
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UPDATE 3-Market turmoil hits BlackRock’s bottom line in 4th quarter

15 Jan UPDATE 3-Market turmoil hits BlackRock’s bottom line in 4th quarter

Posted at 15:24h in News by
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BlackRock Inc, the
world’s largest fund manager, reported a smaller-than-expected
quarterly profit on Wednesday due to financial market turmoil,
but investors celebrated the company’s strong sales of
relatively low-fee funds.

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