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BlackRock (NYSE: BLK) Q4 2023 Earnings Call Jan 12, 2024 , 7:30 a.m. At this time, I'd like to welcome everyone to the BlackRock Incorporated fourth quarter 2023 earnings teleconference. In 2023, BlackRock generated 289 billion of total net inflows and delivered 1% organic base fee growth. Operating income of 6.6
Net CPP cash flows in fiscal 2023 were higher than usual due to higher employment rates , an increased limit to the year’s maximum pensionable earnings, an increase to additional CPP contribution inflows and a lump-sum inflow in the fourth quarter due to forecasting adjustments made by the CPP. per cent return. million last year – $4.6
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