BlackRock's third-quarter profit rises as investors pour into ETFs, index strategy-March 2024-www.financetom.com

BlackRock's third-quarter profit rises as investors pour into ETFs, index strategy

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BlackRock's third-quarter profit rises as investors pour into ETFs, index strategy

Oct 14, 2025 3:27 AM

Oct 14 (Reuters) - BlackRock ( BLK ) posted a rise in

third-quarter profit on Tuesday, as investors poured into

exchange traded funds and benefited from lower-fee index

strategy.

The world's largest asset manager reported adjusted earnings

of $1.91 billion, or $11.55 per share, for the three months to

September 30, up from $1.72 billion, or $11.46 per share, a year

earlier.

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