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BlackRock (BLK) Q3 2024 Earnings Call Transcript

The Motley Fool

The combination triples infrastructure AUM and doubles private markets run-rate management fees. increased 5%, reflecting a higher tax rate compared to a year ago. Our as-adjusted tax rate for the third quarter was 26%. We continue to estimate that 25% is a reasonable projected tax run rate for the remainder of 2024.

Assets 130
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Prudential Financial (PRU) Q2 2024 Earnings Call Transcript

The Motley Fool

With nearly half a trillion dollars of assets under management supporting defined benefit and defined contribution plans, PGIM is a market leader, servicing more than half of the world's 300 largest pension funds, including over two-thirds of the largest 100 U.S. pension plans, and is the largest pension fund manager in Japan.

Assets 130
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Prudential Financial (PRU) Q3 2024 Earnings Call Transcript

The Motley Fool

trillion of assets under management supporting defined benefit and defined contribution plans, PGIM serves more than half of the world's 300 largest pension funds. Our pre-tax adjusted operating income was $1.6 per share on an after-tax basis for the third quarter of 2024 and $9.98 on an after-tax basis.

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Mark Wiseman on Why Politicians Should Leave Pension Funds Alone

Pension Pulse

The system works exceptionally well, yet in the past year, we have seen increasing calls to change this model and use pension funds as a policy tool. The system works exceptionally well, yet in the past year, we have seen increasing calls to change this model and use pension funds as a policy tool.

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Norway's Sovereign Fund Tops Global Transparency Ranking

Pension Pulse

Business Wire reports that Norway's sovereign fund tops global transparency ranking: TORONTO — Norway’s sovereign wealth fund, Government Pension Fund Global, has topped the list of the most transparent funds according to the Global Pension Transparency Benchmark’s 2023 findings.

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Time to Expand the CPP Again During the Age of Uncertainty?

Pension Pulse

An expansion of the CPP would transfer these risks from individual workers to the government, which is much better placed to manage them, as it can pool risks across all Canadian workers and across generations of workers. And again, this isn't socialism, this is good pension policy and doing what's right for the broad population.

Taxes 59
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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 Management fees decreased by $10 million, remaining broadly in line with the prior year.