Similar Stories to Low-fee Blackrock Funds Rake In Cash But Revenues Disappoint on Bing News

NEW YORK (Reuters) - BlackRock Inc, the world's biggest asset manager, reported a massive influx of cash into its low-cost funds but nonetheless fell short of Wall Street's forecasts as price cuts and lower performance fees dented revenue.

Topics:  york reuters     blackrock inc   wall street   funds   cash   
BING NEWS:
  • BlackRock (BLK) Q1 Earnings and Revenues Surpass Estimates
    BlackRock (BLK) came out with quarterly earnings of $9.81 per share, beating the Zacks Consensus Estimate of $9.42 per share. This compares to earnings of $7.93 per share a year ago. These figures are ...
    04/12/2024 - 12:10 am | View Link
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    04/12/2024 - 12:04 am | View Link
  • BlackRock's Tokenized Fund Gets USDC Cash-Out Option Via Circle Integration
    Investors in BlackRock’s history-making tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), now have a way to quickly and easily convert their holdings into (CRYPTO: USDC) ...
    04/11/2024 - 5:17 am | View Link
  • BlackRock CEO Larry Fink Warns: 40% of Workers Cash Out Their 401(k)s When Changing Jobs. Here’s Why It’s a Massive Mistake
    Individuals who move from one employer to another are no longer automatically labeled as disloyal or unreliable. Instead, they are often perceived as proactive and ambitious professionals who are ...
    04/7/2024 - 10:24 pm | View Link
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