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BlackRock Upbeat on Margins in 2018 on Technology Advances

BlackRock Upbeat on Margins in 2018 on Technology Advances

By deploying technology and economies of scale, BlackRock (BLK) has improved its operating margins in the last few quarters. BlackRock holds a major portion of its assets under management (or AUM) in index funds and ETFs. BlackRock spent ~$2.0 billion in 4Q17, representing 19.0% growth compared to 20.0% growth in revenues.