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)
Brought to you by www.srnnews.com
SRN News — View the original story at SRNNews.com.
