BlackRock's institutional assets under management (AUM) hit US$2.5trn (£1.65trn) despite net outflows in its active and index funds, its latest results show.
The world's largest asset manager Q2 results showed overall AUM at $3.86trn, up from $3.56trn a year earlier. Institutional investors account for roughly two-thirds. During the quarter, BlackRoc...
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