Category: Asset Managers
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$15.5 Trillion and Counting: BlackRock’s Quarter, and What It Means to Be the Market’s Landlord
Larry Fink’s firm took in $205 billion in a single quarter and now manages more money than the annual output of every country except the United States and China. The interesting parts of the release are in the margins: Aladdin, private markets, and a single hedge fund’s performance fee.
