Latest News

J.P. Morgan Says There’s Room for Over 40% Upside in These 2 Stocks

0

Reuters

UPDATE 3-BlackRock profit beats estimates though asset growth stalls

BlackRock Inc topped third-quarter profit estimates helped by robust performance fees and strong demand for its actively managed and sustainable funds, even as volatile markets hindered the world’s largest money manager from growing its assets under management. But with financial markets wobbling during the second quarter – the S&P 500 Index ended the quarter about flat, its worst quarterly performance in six quarters – money managers, BlackRock, included, have had a tougher time growing assets. BlackRock ended the past quarter with $9.46 trillion in assets under management, up from $7.81 trillion a year earlier, but about flat from the second quarter of this year.

Singapore’s central bank tightens policy in a surprise move

Previous article

Credit Suisse has 7 new ‘best-in-class’ stock picks to round off the year

Next article

You may also like

Comments

Leave a reply

Your email address will not be published.

More in Latest News