BlackRock Profit Rises as Demand for ETFs Boosts Assets

... quarter is more broadly supportive of asset managers in general, with strong January flows for both ETFs and mutual funds,' Luke Montgomery, a research analyst at Sanford C. Bernstein & Co. in New York, said in an interview before the earnings were ...

http://www.onwallstreet.com/news/BlackRock-Profit-Rises-as-Demand-for-ETFs-Boosts-Assets-2684314-1.html