2024-05-22 14:57:59 ET
Summary
- BlackRock is the largest asset manager in the world, with $10.5 trillion in assets under management (AUM).
- The company's strong brand and reputation contribute to consistent funds inflows and profitability. Additionally, management puts considerable effort into diversifying the business mix.
- BlackRock's financial performance is robust, with strong earnings growth, dividend hikes, and share buybacks.
My thesis
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BlackRock: Investing In The Largest Asset Manager In The World