BlackRock Has Better Than Expected Profits
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1 Views • Oct 17, 2018
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(Reuters) - BlackRock Inc (BLK.N) reported a better-than-expected quarterly profit on Tuesday, as more people poured money in its low-risk funds amid heightened trade tensions between Beijing and Washington. REUTERS/Lucas Jackson/File Photo GLOBAL BUSINESS WEEK AHEAD More investors, however, pulled out money from the asset manager’s institutional index funds, while putting in more money into its low-risk iShares exchange-traded funds.
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