MM120: J.P. Morgan, Citi, Wells Fargo & BlackRock earnings explained!
Market Maker
00:00
BlackRock's Platform as a Service: A Better Mouse Trap
BlackRock is trying to get into the tech speak. It's like a tech startup, you know, they're all wearing buttoned down shirts and sipping their lattes. The last thing I want to say about these numbers is just in terms of those inflows of any billion, you mentioned 23 billion in crash management, they're actually net outflows and equities. So even though fees from assets under management driven by the equity rally have increased, there's been 4.3 billion of outflows and 44 billion of inflows and fixed income.
Play episode from 44:01
Transcript
