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BlackRock (BLK) Q3 2024 Earnings Call Transcript

The Motley Fool

We expect these private market assets to positively impact BlackRock's overall effective fee rate by 0.5 Performance fees of $388 million increased significantly from a year ago, primarily reflecting strong alpha generation over the last 12 months from a hedge fund with an annual lock in the third quarter.

Assets 130
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BlackRock (BLK) Q2 2023 Earnings Call Transcript

The Motley Fool

On an equivalent day count basis, our annualized effective fee rate was 0.2 Performance fees of 118 million increased from a year ago, primarily reflecting higher revenue from illiquid alternatives. government money market funds. One is by product and the other is by performance. How do you do that?

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BlackRock (BLK) Q4 2023 Earnings Call Transcript

The Motley Fool

billion declined 2% from 2022, while earnings per share of $37.77 billion was 7% higher year over year, driven by the impact of higher markets on average AUM and higher performance fees. increased by 40 basis points year on year as we continue to drive operating leverage and profitable growth after the market shock of 2022.

Assets 130
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BlackRock (BLK) Q4 2024 Earnings Call Transcript

The Motley Fool

billion was 23% higher year over year, driven by the impact of higher markets on average AUM and higher performance fees. This is evidenced by this quarter's fee rate increase primarily reflecting the onboarding of higher fee rate private market assets following the GIP closing. Operating income of 8.1 increased 15%.

Assets 130