GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock Inc (LTS:0QZZ) » Definitions » Management Expense (USD Mil)

BlackRock (LTS:0QZZ) Management Expense (USD Mil) : 0.00 (As of . 20)


View and export this data going back to 2018. Start your Free Trial

What is BlackRock Management Expense (USD Mil)?

Management Expense (USD Mil) is intended to cover the various expenses of a team of individuals who oversee, support and manage a fund.

The historical rank and industry rank for BlackRock's Management Expense (USD Mil) or its related term are showing as below:

LTS:0QZZ's Management Expense (USD Mil) is not ranked *
in the Asset Management industry.
Industry Median:
* Ranked among companies with meaningful Management Expense (USD Mil) only.

BlackRock Management Expense (USD Mil) Historical Data

The historical data trend for BlackRock's Management Expense (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BlackRock Management Expense (USD Mil) Chart



BlackRock  (LTS:0QZZ) Management Expense (USD Mil) Explanation

Management Expense (USD Mil) is intended to cover the various expenses of a team of individuals who oversee, support and manage a fund. Such expenses may include legal fees, accounting services and other administrative costs. High management expenses usually will cause customers to head for the door, but low management expenses may suggest low management quality.


BlackRock Management Expense (USD Mil) Related Terms

Thank you for viewing the detailed overview of BlackRock's Management Expense (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackRock (LTS:0QZZ) Business Description

Address
50 Hudson Yards, New York, NY, USA, 10001
BlackRock is the largest asset manager in the world, with $9.101 trillion in AUM at the end of September 2023. Product mix is fairly diverse, with 52% of the firm's managed assets in equity strategies, 28% in fixed income, 9% in multi-asset class, 8% in money market funds, and 3% in alternatives. Passive strategies account for around two thirds of long-term AUM, with the company's ETF platform maintaining a leading market share domestically and on a global basis. Product distribution is weighted more toward institutional clients, which by our calculations account for around 80% of AUM. BlackRock is also geographically diverse, with clients in more than 100 countries and more than one third of managed assets coming from investors domiciled outside the U.S. and Canada.

BlackRock (LTS:0QZZ) Headlines

No Headlines