MutualFundWire.com: BlackRock's Q3 is Looking Like Last Year's Q4

MutualFundWire.com

The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication

Wednesday, September 15, 2010

BlackRock's Q3 is Looking Like Last Year's Q4

BlackRock [see profile] CEO Larry Fink took the stage yesterday at the Barclays Capital 2010 Global Financial Services conference and delivered an upbeat presentation.

Larry Fink
BlackRock
CEO

BlackRock is witnessing "a renewed flow, and our pipeline has never been larger," Fink said in remarks picked up by Reuters. The company is seeing strong flows across the board, he said.

The flows so far this quarter are akin to those seen during the fourth quarter of last year, according to Fink. During that period, BlackRock recorded a big jump in inflows.

Printed from: MFWire.com/story.asp?s=33438

Copyright 2010, InvestmentWires, Inc.
All Rights Reserved