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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. government money market funds. We talked to you about adding nearly $2 billion of base and performance fees in 2022.

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Blackstone (BX) Q1 2024 Earnings Call Transcript

The Motley Fool

And there is an additional $50 billion in prospective future development pipeline. In addition to insurance clients, pension funds and other LPs see the value we're creating in private credit, and there's been a strong response to our product offerings. Michael, last quarter, the message for this year on margins was stability.

Assets 130
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A Conversation With John Graham on CPP Investments Fiscal 2023 Results

Pension Pulse

In private credit, tightening credit conditions resulting from a handful of bank failures and rescues in the United States have opened up opportunities for non-bank players like pension funds, he said. Management fees increased by $165 million, due to an increase in average assets managed by external fund managers.

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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.

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BlackRock (BLK) Q4 2023 Earnings Call Transcript

The Motley Fool

I know I speak for the entire BlackRock board of directors, BlackRock's leadership team, and all of our employees when I say we could not be more excited about the prospects of the BlackRock family with our colleagues from GIP. The average yield on a mature funds over the last 15 years, annual yields, 8%, OK. Operating income of 6.6

Assets 130
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Transcript: David Layton

The Big Picture

How much is the prospective market size, as well as how robust local economy is? It’s all about what are this company’s prospects? Look, our parents all had pension funds. LAYTON: — sources of funds for our industry is going to change as a result of that. And by local, I mean, Asia, Europe or U.S.

Assets 59
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BlackRock (BLK) Q4 2024 Earnings Call Transcript

The Motley Fool

billion was 23% higher year over year, driven by the impact of higher markets on average AUM and higher performance fees. This is evidenced by this quarter's fee rate increase primarily reflecting the onboarding of higher fee rate private market assets following the GIP closing. Operating income of 8.1 increased 15%.

Assets 130