15.07.2015 - BlackRock increased its revenues by 4.6%
The company BlackRock reported on the results fot the 2 quarter of this year. The assets in the world's largest investment portfolio rose to 4.72 trillion US dollars , against 4.59 trillion US dollars in the same period of the last year. In the previous quarter the rate was 4.77 trillion dollars. Revenues totaled 819 million dollars against 808 million in the same period of the last year. Revenue rose by 4.6% to 2.91 billion dollars. We expect growth in the company's shares by 12-14% per annum in the medium term.