BlackRock profit jumps as resilient markets boost fees

Oct 14 (Reuters) — BlackRock posted a jump in third-quarter profit on Wednesday, as the world's largest asset manager raked in higher fees from managing client funds. Its profit rose to $1.66 billion, or $10.57 per share, in the three months ended September 30, compared with $1.32 billion, or $8.43 per share, a year earlier. (Reporting by Utkarsh Shetti in Bengaluru and Suzanne McGee in Providence; Editing by Sriraj Kalluvila) ((mailto:UtkarshUmesh.Shetti@thomsonreuters.com;)