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BlackRock (BLK) Q3 2024 Earnings Call Transcript

The Motley Fool

Meade -- General Counsel and Chief Legal Officer Good morning, everyone. We expect these private market assets to positively impact BlackRock's overall effective fee rate by 0.5 Sales, asset, and account expense increased 6% compared to a year ago, driven by higher direct fund expense. active fixed income mutual funds.

Assets 130
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Transcript: Dominique Mielle

The Big Picture

RITHOLTZ: It’s mutual funds. It’s hedge funds. And all these formally high performers are now just so big, they’re very happy collecting the management fee and the performance fee matters less. And how has this gap persisted for so many decades? There’s now been four studies.

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BlackRock (BLK) Q4 2024 Earnings Call Transcript

The Motley Fool

Meade -- General Counsel and Chief Legal Officer Good morning, everyone. billion was 23% higher year over year, driven by the impact of higher markets on average AUM and higher performance fees. Fourth-quarter and full-year performance fees of 451 million and 1.2 Operator instructions] Thank you. Christopher J.

Assets 130