Blackstone earnings miss forecast in choppy markets

The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) April 4, 2016. REUTERS/Brendan McDermidMoreNEW YORK (Reuters) – Blackstone Group LP , the world’s largest alternative asset manager, reported lower-than-expected economic net income of 31 cents per share for the first quarter as choppy financial markets dragged on investment returns.
Analysts had expected ENI per share to slump 73 perc