BlackRock reported third-quarter profit of $1.66 billion, or $10.57 per share, compared with $1.32 billion and $8.43 a year earlier, Reuters reported on 14 October. Assets under management increased to $15.49 trillion from $13.46 trillion a year earlier. Higher fees from managing client funds supported the result. These are reported quarterly figures; this summary does not assert an adjusted-earnings comparison or a closing share-price reaction.
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