(Reuters) -BlackRock posted a rise in third-quarter profit on Tuesday, as investors poured into exchange traded funds and benefited from lower-fee index strategy.
The world’s largest asset manager reported adjusted earnings of $1.91 billion, or $11.55 per share, for the three months to September 30, up from $1.72 billion, or $11.46 per share, a year earlier.
(Reporting by Prakhar Srivastava in Bengaluru)
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