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8.4

BlackRock Q2 net profit rises 20% as AUM hits record high

BlackRock reported a 20% year-over-year increase in net profit for the second quarter, driven by record-high assets under management. The growth reflects sustained inflows into the firm's investment products, signaling continued institutional and retail demand for asset management services.

Interfax2 days agoUSCredibility 45%View source

Score Breakdown

Mosaic Score8.4
Confidence0.9
Significance0.5
Source credibility0.5

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