((Hedgeweek) BlackRock’s assets under management increased to $9.1 trillion during Q1, but net income fell 19% over the past year, as the fund management giant saw hedge fund fees tumble sharply amid squeezed margins and subdued markets, according to a report by the Financial Times.
BlackRock’s assets rise but income slides as hedge fund fees tumble
This entry was posted in Syndicated. Bookmark the permalink.