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BlackRock profit jumps 27% as assets rise to $9.4tn
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fnlondon.comBlackRock, the world's largest fund group, posted a 27% increase in second quarter profit, as assets under management jumped to $9.4tn.
The New York-headquartered firm recorded $1.4bn in net income in the three months to the end of June, up from $1.1bn during the same period in 2022.
Although BlackRock pulled in $80bn of new money during the...
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