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BlackRock (BLK) Q3 2024 Earnings Call Transcript

The Motley Fool

Nonoperating results for the quarter included $108 million of net investment gains, driven primarily by gains linked to a minority investment and unhedged seed capital investments. We expect these private market assets to positively impact BlackRock's overall effective fee rate by 0.5 Earnings per share of $11.46

Assets 130
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CPP Investments' CEO Discusses Fiscal Year 2024 Results

Pension Pulse

Ian Bickis of The Canadian Press reports CPP Investments earned 8 per cent in latest fiscal year, net assets rose to $632 billion: Canada's biggest pension fund earned an eight per cent return last year, but significantly underperformed the 19.9 per cent return of its reference portfolio. To generate $46.4 bps and below the 28.6

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Transcript: Mathieu Chabran

The Big Picture

So when we started this strategy in 1718, and started allocating capital, investing in entrepreneurs who had a solution, that had to be massified. And whilst we were dealing with the same counterparty, the same pension fund, some of their constituents, some of the underlying boards, disagree on the approach to take there.

Banks 57
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A Conversation With John Graham on CPP Investments Fiscal 2023 Results

Pension Pulse

In private credit, tightening credit conditions resulting from a handful of bank failures and rescues in the United States have opened up opportunities for non-bank players like pension funds, he said. Christine Dobby of the Toronto Star also reports CPP Investments posts 1.3% per cent return. Our operating expense ratio was 28.6

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BlackRock (BLK) Q1 2024 Earnings Call Transcript

The Motley Fool

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 performance fees and technology services revenue.

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BlackRock (BLK) Q2 2024 Earnings Call Transcript

The Motley Fool

billion was 8% higher year over year, driven by positive organic base fee growth and the impact of market movements on average AUM over the last 12 months. Higher performance fees and technology services revenue also contributed to revenue growth. Our annualized effective fee rate was flat compared to the first quarter.

Assets 130
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Transcript: David Layton

The Big Picture

We had a group that was doing small growth capital investments in Germany and Switzerland at that time, a fund doing secondaries. Look, our parents all had pension funds. LAYTON: — sources of funds for our industry is going to change as a result of that. It’s been primarily pension, historically.

Assets 57