The Motley Fool

OCTOBER 31, 2024

At the end of September, the fair value of our equity portfolio included cumulative pre-tax unrealized gains of $7.8 Net unrealized investment gains included in other comprehensive income in the first nine months of 2024 were $283 million net of taxes, compared to net unrealized investment losses of $135 million net of taxes last year.

Liabilities 130

Liabilities Performance Fees Capital Portfolios 130

The Motley Fool

JULY 14, 2023

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. Operator Thank you.

Asset Management 130

Asset Management Assets Banks Debt 130

The Motley Fool

JULY 31, 2024

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. Very excited for the prospects of that business.

Capital 130

Capital Amortization Shareholders Finance 130

The Motley Fool

JULY 28, 2023

I know you had highlighted difficult comp on performance fees in the quarter. And then, also, on the prospects for growth in the back half of the year in reinsurance, we've seen some -- some news articles regarding kind of an above-average chunk of the facultative business being hired by a competitor.

Capital 100

Capital Business Services Debt Liabilities 100

Pension Pulse

MAY 24, 2023

Management fees increased by $165 million, due to an increase in average assets managed by external fund managers. Performance fees decreased by $621 million driven by fewer realization events in the private equity portfolio given the low transaction activity through the year, partially offset by strong performance of hedge funds.

Investing 52

Investing Stakes Pension Funds Assets 52

The Motley Fool

APRIL 12, 2024

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. First-quarter base fees and securities lending revenue of $3.8

Performance Fees 130

Performance Fees Assets Shareholders Leveraging 130

The Motley Fool

JANUARY 12, 2024

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. Our as-adjusted tax rate for the fourth quarter was approximately 24%, driven, in part, by discrete items.

Assets 130

Assets Shareholders Asset Management Capital 130