BlackRock quarterly profit rises 8.7 percent

April 16, 2015 11:14 AM

123 0

BlackRock quarterly profit rises 8.7 percent

(Reuters) - BlackRock Inc BLK.N, the world's largest money manager, said on Thursday that first -quarter profit rose by 8.7 percent, boosted by positive flows across asset classes.

The company's net income rose to $822 million, or $4.84 per share, in the quarter ended March 31 from $756 million, or $4.40 per share, a year earlier.

Also read: Tiger-backed hedge fund firm Tyrian to close, source says

Read more

To category page

Loading...