BlackRock doing BlackRock things: Revenue +18% YoY Op Income +21% Op Margin +270 bps EPS +18% Total AUM now sits at $9 trillionpic.twitter.com/eIFF4OhxbG
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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Active now just 26% of AUM is shocking.
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So even as AUM is growing it's assets that are at lower fees. And probably a good amount of rotation from existing assets Active to Passive.
End of conversation
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