BlackRock quarterly profit beats estimates as assets rise over $9-trillion Ambar Warrick and Saqib Iqbal Ahmed Reuters Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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BlackRock Inc’s first-quarter profit beat Wall Street estimates on Thursday, as a continued rally in global financial markets and broad-based strength in the asset manager’s businesses helped vault the firm’s assets under management to a record $9.01 trillion.
“The broadness of our platform is really resonating with clients,” BlackRock’s chief executive, Larry Fink, said in an interview.