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BlackRock is banking on a business that could reach $12 trillion in the next five years, according to its CEO

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BI PRIME: iShares, a business that comprises about 30% of the firm's assets under management, had net inflows of $33.7 billion during the quarter. iShares assets totaled $1.9 trillion, up from $1.6 trillion in the year-ago period.

 

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