BlackRock profit beats estimates as assets rebound above $6 trillion
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NEW YORK (Reuters) - BlackRock Inc, the world's largest asset manager, reported first-quarter profit that exceeded expectations and raked in $65 billion of new investor cash as global financial markets rebounded from a volatile fourth quarter.Total assets under management grew 3% to $6.52 trillion (£4.99 trillion) in the quarter through March 31 from a year earlier, amid a broad-based rebound in global equity markets. Assets had dipped below $6 trillion amid market turmoil late last year.Total..