BlackRock delivered quarterly earnings and revenue that met analysts' expectations on Thursday.
The asset management giant posted adjusted second-quarter earnings of $4.78 per share, down from $4.96 in the year-earlier period. Revenue fell to $2.804 billion from $2.905 billion a year ago.
Analysts polled by Reuters expected the world's largest money manager to post quarterly earnings per share of $4.78 in the second quarter, on revenue of $2.804 billion.
The firm's assets under management rose 4 percent on a year-over-year basis to $4.9 trillion.
BlackRock noted that base fees fell 2 percent year over year, as more investors shifted money to fixed income and cash from equities. Meanwhile, iShares long-term inflows came in at $15.7 billion, up from the $10.9 billion last year, primarily driven by fixed-income net inflows.