1 Minute Read by Reuters Staff 14 JULY (Reuters) – On Wednesday, BlackRock Inc, the world’s largest asset manager, announced a 28 percent increase in second-quarter earnings as more money was poured into the company’s funds, pushing its assets under management to record highs. In the three months ended June 30, the company’s adjusted net income increased to $1.55 billion, or $10.03 per share, up from $1.21 billion, or $7.85 per share, a year earlier. According to Refinitiv’s IBES statistics, analysts predicted a profit of $9.46 per share on average. Sohini Podder contributed reporting from Bengaluru, and Maju Samuel edited the piece./n
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