BlackRock tributary slowly because the market sales are confidence

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The world’s largest asset manager BlackRock reported slowing after two records when the sale in the financial markets weighing confidence in investors.

The New York Group with the headquarters said that three months before March, it raised $ 84 billion, declining from $ 281 billion in the last quarter of 2024 and lower than the Wall Street estimates. New money has increased their assets to $ 11.6tn.

The full year’s profit decreased by 4 percent by $ 1.5 billion, or $ 9.64 per share, both analysts’ expectations.

The company said the reduction was related to the cost of the acquisition last year when Black The $ 30 billion impaired deals, as CEO Larry Fink pushed the group deeper into private markets.

The revenue has increased by 12 percent compared to the $ 5.3 billion, backed up by the Infrastructure Infrastructure Partners infrastructure and the business trading.

“The uncertainty and anxiety over the future of markets and economics are dominated by customers,” Fink said. “We have seen such periods earlier when there were big, structural shifts in politics and markets – for example, the financial crisis, busting and growth of inflation in 2022.”

He added: “Some of BlackRock’s biggest jumps followed.”