BlackRock [
profile] netted $4.6 billion in retail inflows and $25.2 billion in
iShares [
profile] last quarter. The world's largest asset manager also soundly analysts' expectations, bringing in diluted earnings per share of $3.47 — Thomson Reuters said analysts expected $3.31 and Bloomberg said $3.32.
For the third quarter, New York City-based BlackRock's adjusted operating margin
rose to 40.7 percent, from 39.2 percent in Q2 2012 and 40.1 percent in Q3 2011. Retail assets climbed to $398.0 billion and ETF assets hit $705.8 billion, representing 12 and 21 percent of total assets under management, respectively.
Bloomberg,
MarketWatch, the
New York Times and
Reuters all covered BlackRock's earnings. 
Edited by:
Neil Anderson, Managing Editor
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