Markets
BlackRock Took In $205 Billion in the Quarter and Ended at $15.5 Trillion. GAAP Earnings Were $10.57 a Share, and the Adjusted Figure Was $15.93.
BlackRock reported on Wednesday 14 October that it ended the third quarter with $15.5 trillion in assets and took in $205 billion of net new money. Revenue rose 19 per cent to $7.75 billion. Diluted earnings were $10.57 a share, or $15.93 as adjusted, and most of the gap is one non-cash charge tied to its own share price.
