BlackRock's Q3 EPS up 23% on new business

BlackRock Inc.'s third-quarter profit climbed 7.9% as the world's largest money manager saw its assets under management increase, while revenue climbed.


Chinese bourses seek foreign capital

A group of leading Chinese fund companies will head for New York to conduct a two-day US roadshow, the latest effort to boost the weak domestic capital market, sources told the Global Times Monday.


The Rich Get Richer in ETFs

The so-called Big Three of the ETF business are BlackRock’s iShares, State Street Global Advisors and Vanguard.