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BlackRock positions itself against Pimco

The firm’s profit rose 26% while assets under management increased 10%

Its name was never mentioned, but troubled Pacific Investment Management Co was very much the topic of BlackRock's earnings call Wednesday.

In a nearly two-hour long call, Blackrock's Chief Executive Laurence Fink repeatedly lauded the firm's team approach to management, its wide range of services and its stability. BlackRock is the world's largest asset manager.

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