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BLK / BlackRock revenue and assets under management rise less than hoped

BlackRock revenue and assets under management rise less than hoped
BlackRock Inc (NYSE:BLK) reported a jump in revenue and assets under management despite what the firm called “market uncertainty,” although both missed Street expectations. The New York wealth management company reported in the three months ended September a 14% increase in assets under management (AUM) to $9.10 trillion from $7.96 trillion including $307 billion of net inflows, positive across ETFs, active, and cash management. Read More
Posted: Oct 13 2023, 06:56
Author Name: Proactive Investors
Views: 091976

BLK News  

Jobs Data Supports a Slowing Narrative: BlackRock's Rosenberg

By Bloomberg Markets and Finance
November 3, 2023

Jobs Data Supports a Slowing Narrative: BlackRock's Rosenberg

Jeffrey Rosenberg, systemic multi-strategy fund portfolio manager at BlackRock, examines the market implications of the US October jobs report on “B more_horizontal

BlackRock: A Dividend Grower On Sale

By Seeking Alpha
November 2, 2023

BlackRock: A Dividend Grower On Sale

BlackRock's assets under management (AUM) have fallen due to overall market weakness, but the company's latest earnings were decent overall. AUM was u more_horizontal

Higher Rate Regime Not Fully Priced In: BlackRock's Li

By Bloomberg Markets and Finance
November 2, 2023

Higher Rate Regime Not Fully Priced In: BlackRock's Li

BlackRock Global Chief Investment Strategist Wei Li says BlackRock is being selective in terms of deploying risk because equities have yet to fully pr more_horizontal

3 Investment Management Stocks to Look at Despite Industry Woes

By Zacks Investment Research
October 31, 2023

3 Investment Management Stocks to Look at Despite Industry Woes

Despite volatile asset flows and subdued market volatility, higher rates will aid Zacks Investment Management stocks like BlackRock (BLK), T. Rowe (TR more_horizontal

Why BlackRock's new Flexible Income ETF emphasizes

By CNBC Television
October 30, 2023

Why BlackRock's new Flexible Income ETF emphasizes "international" right now

(OPTIMIZED VIDEO SPECIFIC DESCRIPTION) » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeC more_horizontal

BlackRock's CIO on markets and what he calls

By CNBC Television
October 30, 2023

BlackRock's CIO on markets and what he calls "the polyurethane economy"

(OPTIMIZED VIDEO SPECIFIC DESCRIPTION) » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeC more_horizontal

Goldman Sachs hires BlackRock executive for unit serving third-party wealth product providers

By Reuters
October 30, 2023

Goldman Sachs hires BlackRock executive for unit serving third-party wealth product providers

Goldman Sachs' asset management arm hired Gregory Weiss from BlackRock to lead a business that sells managed accounts and index products to wealth man more_horizontal

Still thinking about buying 3M for its dividend? Consider this

By MarketBeat
October 30, 2023

Still thinking about buying 3M for its dividend? Consider this

Wall Street analysts typically go into hiding every three months when the long-awaited earnings season kicks off, making them earn their paychecks thr more_horizontal


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