BlackRock AUM Falls Under $6T
BlackRock's announced AUM was $5.976 trillion as of December 31st, down 7.3% from the last 3 months. This is there 2nd consecutive quarter of long-term net outflows, mostly due to a large redemption from an Asian client.
How do you think BlackRock will fare in 2019, and do you all think that this is simply a result of weak market performance in the tail end of 2018, or potentially reflective of BlackRock as a company?
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