An Irish arm of BlackRock Asset Management, the global financial asset management company that stress-tested the Irish banks as part of the bailout, increased its profit after tax by 11.7 per cent to £25.7 million (€32.5 million) last year.
Turnover at the company to the end of 2012 was £82.6 million, up 14 per cent from £72.6 million in 2011, as a result of increased management fees from more assets under management.
The value of assets under the company's...
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