Blackrock Executive Says We Don't Need M&A To Meet Or Exceed Our Organic Growth Targets - Conference Call
ReutersJul 15, 2025 12:35 PM
July 15 (Reuters) - BlackRock Inc BLK.N:
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 EXECUTIVE SAYS WE DON'T NEED M&A TO MEET OR EXCEED OUR ORGANIC GROWTH TARGETS
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