BGN Entrepreneur

Investment group BlackRock saw assets under management (AUM) start to rebound in the second quarter of the year as investors became more confident about the global economic outlook.
BlackRock, which will become the largest money manager in the world when it completes its ＄13.5bnacquisition of Barclays Global Investors later this year, saw AUM rise from ＄1.28 trillion at the end of June.
Although this was slightly lower than the ＄1.43 trillion the business was managing this time last year, founder and chief executive Larry Fink said it was a move in the right direction.

Related posts:

1. BP Sees no Return to the Golden Age as it Embarks on a New Round of Cost-cutting
   The chief executive of BP painted a gloomy picture for...
2. Apple to Return Extra $55bn to Investors
   Apple attempted to silence grumbling investors via promising to...
3. Angry Retailers Condemn VAT Return on New Year’s Eve‏
   The VAT cut in Britain was generous, costing the Treasury...
4. BHP Billiton Set to Return £3bn to Shareholders
   The world’s largest miner–BHP Billiton will become the latest minig...
5. BA and Virgin Cash in as Big Spenders Return to the Red Eye
   The return of high-spending business-class travellers has boosted the fortunes...