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BlackRock goes from strength to strength thanks to its iShares division
Thursday 27 Apr 2017 Author: David Stevenson

BlackRock, the world’s largest asset manager, has increased its assets under management (AUM) to $5.4tn. The firm’s exchange-traded fund division iShares record first quarter sales of $64.5bn is crucial in propelling BlackRock’s AUM to this incredible figure.

iShares is the global leader for ETFs with a market dominating position globally. Its scale allows the firm to price its products lower than most competitors, controlling almost half of the European ETF market.

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