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BRIEF-Blackrock Executive Says We Don't Need M&A To Meet Or Exceed Our Organic Growth Targets - Conference Call
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BRIEF-Blackrock Executive Says We Don't Need M&A To Meet Or Exceed Our Organic Growth Targets - Conference Call
Jul 15, 2025 5:51 AM

July 15 (Reuters) - BlackRock Inc ( BLK ):

* BLACKROCK CFO MARTIN SMALL SAYS THIRD QUARTER BASE FEE RUN

RATE

APPROXIMATELY 5% HIGHER THAN TOTAL BASE FEES FOR THE SECOND

QUARTER - CONF CALL

* BLACKROCK CFO MARTIN SMALL SAYS EXPECT A LOW TEENS

PERCENTAGE

INCREASE IN 2025 CORE G&A EXPENSE - CONF CALL

* BLACKROCK CFO MARTIN SMALL SAYS INSTITUTIONAL INDEX NET

OUTFLOWS

OF 48 BILLION WERE IMPACTED BY A SINGLE CLIENT REDEMPTION OF 52

BILLION, PRIMARILY FROM FIXED INCOME - CONF CALL

* BLACKROCK ( BLK ) EXECUTIVE SAYS WE DON'T NEED M&A TO MEET OR

EXCEED OUR

ORGANIC GROWTH TARGETS

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