BlackRock Inc. crossed the $ trillion asset mark and is already seeing benefits from the new U.S. tax law. The world s largest asset manager hit $. trillion in the fourth quarter and said net income was bolstered by $. billion related to the tax legislation as well as flows into exchange traded funds last .NEW YORK Reuters BlackRock Inc BLK.N charged past a record $ trillion in assets, its profit beating Wall Street forecasts, as investors flooded into the relatively low cost funds of the world's largest asset manager. A new U.S. tax law, which sliced corporate and .The tremor Wall Street felt last Tuesday was caused by a letterthe annual epistle from BlackRock CEO Larry Fink to CEOs of companies in which the world s biggest institutional investor owns shares. Behind Fink is more than $ trillion in global assets. It can have a "sizable" impact, she adds. The two .BlackRock had its strong net flows in its history in , CEO Larry Fink says..
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