The world’s largest asset manager BlackRock announced very optimistic financial data and surpassed the expectations of independent experts, Reuters reported. The net inflows to BlakRock’s various funds exceeded 172 billion dollars, far above the Wall Street expectations. Net income rose to $1.2 billion, or $7.77 per share, in the three months ended 31 March, from $1.03 billion, or $6.60 per share, a year earlier. The reading was above the Refinitiv IBES estimate of $7.64 per share. BlackRock’s assets under management rose to a record $9 trillion in the quarter, compared with $6.47 trillion a year earlier.