News > Asset Management

Q3 wipes $700B from top fund managers

By NexChange
Asset Management

Seven of the largest asset managers in the world lost a whopping $700 billion total during the third quarter. BlackRock alone lost $215 billion during those three months, reports the Financial Times.

With end of year bonuses coming soon, everyone must be hoping for a much, much better fourth quarter.
Photo: Purple Slog

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