It's not just the amount of AUM at BlackRock, it's the *quality* of AUM. Look at BlackRock vs. State Street - AUM growth in the 30%+ range, but BlackRock has *triple* the base fee growth:pic.twitter.com/5Fcc138Ni2
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It's not just the amount of AUM at BlackRock, it's the *quality* of AUM. Look at BlackRock vs. State Street - AUM growth in the 30%+ range, but BlackRock has *triple* the base fee growth:pic.twitter.com/5Fcc138Ni2
