Blackstone Reports Q2 Earnings Beat Amid Strong Inflows
Blackstone (BX) reported better-than-expected earnings for the second quarter due to strong inflows of nearly $70 billion, which increased assets under management and boosted fees. Infrastructure investments delivered the highest returns at 7.2%, followed by its Absolute Return multi-asset strategy with a return of 5.8%.
Tickers: $BX
Topics: assets under management earnings infrastructure returns