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.

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