BlackRock profit jumps as buoyant markets boost assets

BlackRock, Inc.
S&P 500 index

BlackRock, Inc.

BLK

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S&P 500 index

SPX

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July 15 (Reuters) - BlackRock BLK.N reported a jump in second-quarter profit on Wednesday, as a stock market rally boosted the value of client assets.

The world's largest money manager's profit was $1.91 billion, or $12.19 per share, in the three months ended June 30, compared with $1.59 billion, or $10.19 per share, a year earlier.


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