Assets at Blackrock - the world's largest asset manager - hit a record $10.5 trillion in the January-March quarter. The firm also posted a 36% jump in profit as rising global equity markets boosted its investment advisory and administration fees.

Blackrock hits a record $10.5 trillion in AUM in Q1

Chinese asset management giant Zhongzhi has filed for bankruptcy. Reports say, the firm could not pay off its debts & had to be declared insolvent. Molly Gambhir brings you a report.

Gravitas | Chinese asset management giant Zhongzhi files for bankruptcy

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