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BlackRock (BLK) Q2 2023 Earnings Call Transcript

The Motley Fool

Our as-adjusted tax rate for the second quarter was approximately 25%. We continue to estimate that 25% is a reasonable projected tax run rate for the remainder of 2023. The actual effective tax rate may differ because of nonrecurring or discrete items, or potential changes in tax legislation.

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BlackRock (BLK) Q3 2024 Earnings Call Transcript

The Motley Fool

increased 5%, reflecting a higher tax rate compared to a year ago. Our as-adjusted tax rate for the third quarter was 26%. The prior-year quarter included $215 million of discrete tax benefits, while the third quarter of 2024 was impacted by $22 million of discrete expense. Earnings per share of $11.46 to 1 full basis point.

Assets 130
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Markel Group (MKL) Q3 2024 Earnings Call Transcript

The Motley Fool

First, as of September 30, 2024, total net investments, that is our entire publicly traded investment portfolio plus cash minus debt, summed up to $30.3 At the end of September, the fair value of our equity portfolio included cumulative pre-tax unrealized gains of $7.8 As far as how are the funds performance this year holding up?

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Aon Plc (AON) Q2 2023 Earnings Call Transcript

The Motley Fool

Now, turning to our balance sheet and debt capacity. We remain confident in the strength of our balance sheet and manage liquidity risk through a well-laddered debt maturity profile. As we've said before, we expect to add incremental debt as EBITDA grows over the long term while maintaining a strong investment-grade credit profile.

Capital 100
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Rithm Capital (RITM) Q2 2024 Earnings Call Transcript

The Motley Fool

Our second-quarter pre-tax income was $248 million, delivering a 23% ROE, excluding mark-to-market on the owned portfolio. Excluding MSR mark-to-market, our pre-tax income increased 7% quarter over quarter, reinforcing the strength of our balanced business model overall. I believe performance fees typically occur end of year.

Capital 130
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CPP Investments' CEO Discusses Fiscal Year 2024 Results

Pension Pulse

billion of net income, CPP Investments directly and indirectly incurred $1,617 million of operating expenses, $1,449 million in investment management fees and $2,067 million in performance fees paid to external managers, as well as $427 million of transaction-related expenses. billion, including the assumption of debt.

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A Conversation With John Graham on CPP Investments Fiscal 2023 Results

Pension Pulse

to resolve its debt ceiling debacle and is looking to raise liquidity to take advantage of “opportunities” the fund sees in equity and fixed-income markets. Management fees increased by $165 million, due to an increase in average assets managed by external fund managers. What percentage of Total Credit assets are in Private Debt?