Remove Consultants Remove Pension Funds Remove Performance Fees
article thumbnail

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
article thumbnail

CDPQ's Head of Liquid Markets Discusses Mid-Year Results

Pension Pulse

“The renewable energy, telecommunications and transportation sectors, to which (the Caisse) has been exposed for many years, are significant vectors of performance,” the pension fund said. The difference with 2022 is primarily explained by the increase in external performance fees related to increased returns.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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 Management fees decreased by $10 million, remaining broadly in line with the prior year.

article thumbnail

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
article thumbnail

Transcript: David Layton

The Big Picture

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. It’s about surrounding yourself with not generalist consultants that come in and tell you this market is big and growing, right?

Assets 57