This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Clients choose BlackRock for performance. We deliver durable long-term investment performance by executing on alpha opportunities, sourcing unique deals, and managing risk. Investors and asset owners choose portfolio goals, and BlackRock enables them through our investment products and solutions.
Our business tends to be seasonally strongest in the fourth quarter and we maintain line of sight into a broad, global opportunity set of new assetmanagement and technology mandates that should fuel organic growth. We expect these private market assets to positively impact BlackRock's overall effective fee rate by 0.5
Mathieu Chabran is the co-founder of TIKEHAU Capital, a Paris-based alternative assetmanager. They run over $40 billion worth of assets. I don’t know how relevant that is to assetmanagement, but let’s talk a little bit about you were doing before you were being lauded by the French president.
Total annualized organic base fee growth of 1% reflected seasonally softer flows earlier in the quarter before coming back to target in March. billion increased 11% year over year, driven by the impact of market appreciation over the last 12 months on average AUM and higher performancefees and technology services revenue.
In a higher rate environment, the ability to drive operational enhancements will be critical to investment performance. Today, we are announcing two transformational changes in anticipation of the evolution we see ahead for the assetmanagement industry and for the entire global capital markets. Operating income of 6.6
Our business tends to be seasonally stronger in the back half of the year, and we have line of sight into a broad global opportunity set of new assetmanagement and technology mandates that should fuel premium organic growth. Higher performancefees and technology services revenue also contributed to revenue growth.
We are pleased that BX shares ranked in the top 20 best performing out of the 500 stocks in the S&P 500 Index last year. public company by market cap, exceeding the market value of all other assetmanagers. There may be more capital coming to the space, but I think there'll be more dealflow as well.
trillion of AUM today, the largest alternative assetmanager in the world and why I believe we will continue to achieve strong growth in the future. This network effect sets Blackstone apart in the assetmanagement area, underpins the strength of our brand, acts as an accelerant for the firm's overall growth.
This data also alerts us to major paradigm shifts, which is essential for any top-performingassetmanager. There's also a variable around the sort of the level of dealflow a year ago and the benefit that comes from buying those funds at a discount to the fund returns in the short term.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content