UPDATE 1-BlackRock 2nd-qtr profit falls 11 percent – Reuters UK

July 18 (Reuters) – BlackRock Inc, the world’s largest money manager, said on Wednesday its second-quarter profit fell 11 percent as tumultuous market conditions cut into fee income. Net income at New York-based BlackRock dropped to $554 million, or $3.08 per share, from $619 million, or $3.21 per …