BlackRock quarterly profit beats, assets under management top $6 trillion
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NEW YORK (Reuters) - BlackRock Inc, the world's largest asset manager, reported a better-than-expected first-quarter profit and garnered tens of billions of new investor cash as global financial markets rebounded from a volatile fourth quarter.Net income attributable to BlackRock fell to $1.05 billion (£802.81 million), or $6.61 per share, in the three months ended March 31, from $1.09 billion, or $6.68 per share, a year earlier. Analysts expected a profit of $6.13 per share, according to IBES..