BlackRock, Inc. (NYSE:BLK) will probably see its assets under management reach $4 trillion for the first time in 2013. The company released its 2012 fourth quarter earnings report yesterday; BlackRock reveal that it ended the last three months with $3.792 trillion, closing in on the never-before-attained, $4 trillion mark.
BlackRock, Inc. (NYSE:BLK) is the world's largest asset manager, with UBS AG (NYSE:UBS) in second place reporting $2.28 trillion in AUM. BlackRock is far ahead of the pack, but is there a limit on how big a firm should get, and, if so, has BlackRock reached...
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