BlackRock results fall short of expectations, assets fall back below $6 trillion

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BlackRock results fall short of expectations, assets fall back below $6 trillion
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BlackRock poised to report fourth-quarter earnings — here's what Wall Street expects

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BlackRock earnings dip is more than a blipBlackRock earnings dip is more than a blipLarry Fink’s manager of $6 trln of assets saw revenue and profit fall in the last quarter from a year earlier. December’s stock rout predictably hit fees, but the shift to cheap ETFs from actively managed funds also accelerated. That’s likely to continue even if markets recover.
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