BlackRock’s Investor-Cash Inflows Slide


Second-quarter results beat expectations, as revenue rose 11%

Investors radically slowed the torrent of cash flowing into investment giant BlackRock Inc. this spring, a sign that a changing global economy and trade rifts may be unsettling a decadelong embrace of passive stock investing.

BlackRock said Monday it received $20 billion in net inflows in the second quarter. While the sum is enormous, it was down from more than $100 billion a year ago. BlackRock is the world’s largest asset manager and a bellwether of low-cost index-based investing…

BlackRock’s Investor-Cash Inflows Slide

Categories : Finance

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