BlackRock AuM up by 4.6%

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US - BlackRock saw its assets under management reach US$1.1trn at end December 2006, marking a $49.6bn increase on the previous quarter.

That increase was largely led by the successful integration of Merrill Lynch Investment Managers (MLIM). The company registered its net income for the whole of 2006 at $322.6m. BlackRock’s net new...

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