Advertisement
UK markets closed
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     
  • CRUDE OIL

    83.82
    +1.01 (+1.22%)
     
  • GOLD FUTURES

    2,344.40
    +6.00 (+0.26%)
     
  • DOW

    38,085.80
    -375.12 (-0.98%)
     
  • Bitcoin GBP

    51,830.30
    +578.74 (+1.13%)
     
  • CMC Crypto 200

    1,396.59
    +14.01 (+1.01%)
     
  • NASDAQ Composite

    15,611.76
    -100.99 (-0.64%)
     
  • UK FTSE All Share

    4,387.94
    +13.88 (+0.32%)
     

BlackRock’s Outperformance Expected to Continue in 2018

BlackRock’s Outperformance Expected to Continue in 2018

BlackRock (BLK), the world’s largest asset manager, is garnering the highest amount of new flows in the industry across its product categories. The company has consistently beaten estimates in six out of the previous seven quarters on higher inflows toward iShares, its strong performances in broader markets, and its diversified product offerings. BlackRock posted EPS of $6.24 in 4Q17 compared to the estimate of $6.02.