BlackRock said its first-quarter earnings surged 20%, handily topping Wall Street views, as revenue jumped and assets under management grew.

Total assets under management at BlackRock were $4.4 trillion at the end of the quarter, an increase of 12% from the year-ago period and up 1.8% from the fourth quarter.

World's biggest asset manager tops Wall Street views with 20% first-quarter earnings surge

Michael Calia, The Wall Street Journal

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BlackRock profit climbs as AUM rises

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