Brookfield asset management articles
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Australian Asset Manager To Launch Bitcoin ETF On Cboe In Q2
Australian asset manager Monochrome recently announced the application with Cboe Australia to list a Bitcoin exchange-traded fund (ETF) in Q2 2024. The “strategic move” of its flagship product to Cboe aims to deepen the firm’s reach around the Asia-Pacific region. Related Reading: Who Will Go First? Morgan Stanley “Salty” As UBS Joins The Bitcoin ETF […]
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BlackRock sees assets under management hit record $10.47T in Q1
BlackRock (BLK) shares are rising after beating first quarter expectations, with adjusted earnings per share at $9.81 against Wall Street estimates of $9.34. The company's assets under management also climbed to a record 10.47T, a 15% boost from a year ago. BlackRock explained its growth potential in infrastructure, retirement, technology, and whole portfolio solutions will drive the momentum forward. Seana Smith and Brad Smith break down the catalysts for the company's strong performance. For...
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BlackRock earnings: assets under management hit record $10.5 trillion
BlackRock's assets under management surged 15% year-on-year to a record $10.5 trillion in the first quarter, as more people trusted the company to put their cash to work and markets performed well.The Wall Street titan grew its AUM by $1.4 trillion in 12 months, its first-quarter earnings revealed on Friday. The increase reflected a big net inflow of client funds and a positive market backdrop.BlackRock's revenue increased 11% to $4.7 billion, which helped boost its operating income by 18% to...