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BlackRock earnings rise 10% on strong ETF and cash inflows

BlackRock earnings rise 10% on strong ETF and cash inflows

BlackRock Inc. ended the fourth quarter with a sharp rise in client cash, with its earning per share increasing by 10%, showing how the world’s largest asset manager is using strong inflows and recent acquisitions to deepen its reach beyond traditional investing. The firm pulled in $342 billion of total client cash in the quarter, [...]

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