BlackRock (BLK) Q2 2024 Earnings Call Transcript
The Motley Fool
JULY 15, 2024
billion was 8% higher year over year, driven by positive organic base fee growth and the impact of market movements on average AUM over the last 12 months. Higher performance fees and technology services revenue also contributed to revenue growth. Our annualized effective fee rate was flat compared to the first quarter.
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