BlackRock's assets under management in the first quarter reached $13.89 trillion, a year-on-year increase of 20%, with expectations at $13.92 trillion.
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Adjusted earnings per share for the first quarter were $12.53, compared to $11.30 in the same period last year and an expected $11.48. Net inflow of equities in the first quarter was $71.84 billion. Net inflow of fixed income in the first quarter was $34.31 billion. Investment advisory performance fee for the first quarter was $272 million, compared to $60 million in the same period last year and an expected $221.2 million.
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