The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Wednesday, April 17, 2019|
Sorry, Fundsters. This Titan Is Not Buying
Despite continued consolidation in the asset management business, a titan is not looking to participate.
Yet Fink is on the hunt for other kinds of deals ... in the technology space, for instance to support or package with BlackRock's Aladdin risk management system.
Yesterday the BlackRock team reported $6.61 of diluted EPS for Q1 and $3.35 billion of revenue, beating estimates by $0.48 and by $50 million, respectively. AUM rose three percent year-over-year to $6.515 trillion as of March 31, 2019.
Printed from: MFWire.com/story.asp?s=59598
Copyright 2019, InvestmentWires, Inc.
All Rights Reserved