Remove Funds Remove Performance Fees Remove Prospects
article thumbnail

BlackRock (BLK) Q1 2024 Earnings Call Transcript

The Motley Fool

Although cash remains an attractive safe haven with the prospect of fewer rate cuts for 2024, the nearly 30% increase in equities over the last year continues to propel clients toward rerisking into stocks and bonds. Clients choose BlackRock for performance. This was mainly due to the relative outperformance of lower fee U.S.

article thumbnail

Markel Group (MKL) Q3 2024 Earnings Call Transcript

The Motley Fool

We also work to continue to improve our financial performance while building the capital it takes to help our customers when they need it most. The strong results this year have also yielded higher profit-sharing expense commensurate with performance. We feel good about our longer-term prospects here. Please go ahead.

Insiders

Sign Up for our Newsletter

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

article thumbnail

BlackRock (BLK) Q4 2023 Earnings Call Transcript

The Motley Fool

Growing public deficits, a modernizing digital world, advancing energy independence, and the energy transition are driving the mobilization of private capital to fund critical infrastructure. In a higher rate environment, the ability to drive operational enhancements will be critical to investment performance. Operating income of 6.6

Assets 130
article thumbnail

BlackRock (BLK) Q2 2023 Earnings Call Transcript

The Motley Fool

On an equivalent day count basis, our annualized effective fee rate was 0.2 Performance fees of 118 million increased from a year ago, primarily reflecting higher revenue from illiquid alternatives. Lower incentive compensation and distribution and servicing costs were partially offset by higher direct fund expense.

article thumbnail

Blackstone (BX) Q1 2024 Earnings Call Transcript

The Motley Fool

See the 10 stocks *Stock Advisor returns as of April 15, 2024 Also, note that nothing on this call constitutes an offer to sell or a solicitation of an offer to purchase an interest in any Blackstone fund. And there is an additional $50 billion in prospective future development pipeline. billion, distributable earnings were $1.3

Assets 130
article thumbnail

Rithm Capital (RITM) Q2 2024 Earnings Call Transcript

The Motley Fool

The scope to business, which we have owned since November of last year is seeing excellent performance in credit, real estate, and in the multi-strat fund. We closed on our previously announced investment in our Sculptor CLO business, a captive CLO equity fund. They also had a new investment in the real estate credit fund.

Capital 130
article thumbnail

Blackstone and CPP Investments Acquire AirTrunk From Macquarie and PSP Investments

Pension Pulse

The deal on behalf of funds managed by Blackstone Real Estate Partners, Blackstone Infrastructure Partners, Blackstone Tactical Opportunities, and Blackstone’s private equity strategy for individual investors, represents Blackstone’s largest investment in the Asia Pacific region. Mr Khuda, Blackstone and AirTrunk declined to comment.