BlackRock profit jumps as resilient markets boost fees
BlackRock's assets under management — which determine a large chunk of its earnings — rose to $15.49 trillion, from $13.46 trillion a year earlier.
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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 ea