MutualFundWire.com: iShares Accounts for 27 Percent of BlackRock's Net Inflows
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Wednesday, October 20, 2010

iShares Accounts for 27 Percent of BlackRock's Net Inflows


iShares [see profile] brought in $13.6 billion in net inflows last quarter, more than 27 percent of BlackRock's [see profile] $50.1 billion net flows. The giant asset manager revealed that data and more Wednesday morning as part of its third quarter earnings report.

BlackRock earned $2.75 adjusted per diluted common share in the quarter ended September 30. Reuters' Emily Chasan reports that BlackRock beat analysts estimates of $2.46 per share.

BlackRock's assets climbed nine percent in Q3 to $3.446 trillion on September 30.


Printed from: MFWire.com/story.asp?s=33767

Copyright 2010, InvestmentWires, Inc.
All Rights Reserved
Back to Top