BlackRock, Inc. ndi kampani yotsogola yoyang'anira ndalama zogulira anthu ndi $10.01 thililiyoni ya katundu pansi pa oyang'anira (“AUM”) pa Disembala 31, 2021. Ndi pafupifupi 18,400 antchito m'maiko opitilira 30 omwe amatumikira makasitomala m'maiko opitilira 100 padziko lonse lapansi, BlackRock imapereka njira zambiri zoyendetsera ndalama ndi ntchito zaukadaulo ku mabungwe ndi mabungwe. ritelo makasitomala padziko lonse lapansi.
BlackRock ili ndi njira zosiyanasiyana zopezera ma alpha, ndondomeko ndi kasamalidwe ka ndalama m'magulu onse azinthu zomwe zimathandiza kampani kuti igwirizane ndi zotsatira za ndalama ndi njira zogawira katundu kwa makasitomala. Zogulitsa zimaphatikizirapo ndalama zokhala ndi katundu wamtundu umodzi komanso wamitundu yambiri zomwe zimayika ndalama mu equity, ndalama zokhazikika, njira zina ndi zida zogulitsira ndalama. Zogulitsa zimaperekedwa
mwachindunji komanso kudzera mwa oyimira pakati pamagalimoto osiyanasiyana, kuphatikiza ndalama zotseguka komanso zotsekera, iShares® ndi BlackRock exchange-traded funds ("ETFs"), maakaunti osiyana, ndalama zamagulu a trust ndi magalimoto ena ophatikizidwa.
Mbiri yakale ya BlackRock Inc
BlackRock imaperekanso ntchito zaukadaulo, kuphatikiza nsanja yaukadaulo yoyendetsera ndalama komanso zowongolera zoopsa, Aladdin®, Aladdin Wealth, eFront, ndi Cachematrix, komanso maupangiri ndi mayankho pamagawo ambiri amakasitomala owongolera chuma. Kampaniyo imayendetsedwa bwino kwambiri ndipo imayendetsa katundu wamakasitomala ake ngati wodalirika.
BlackRock imapereka makasitomale osiyanasiyana amabungwe ndi ogulitsa padziko lonse lapansi. Makasitomala akuphatikizapo mabungwe omwe salipiritsa msonkho, monga phindu lofotokozedwa ndi mapulani apenshoni omwe aperekedwa, mabungwe achifundo, maziko ndi zopereka; mabungwe ovomerezeka, monga pakati mabanki, ndalama zodziyimira pawokha, ma supranational ndi mabungwe ena aboma; mabungwe okhoma msonkho, kuphatikiza makampani a inshuwaransi, mabungwe azachuma, mabungwe ndi othandizira ndalama za chipani chachitatu, ndi oyimira pakati ogulitsa.
BlackRock imakhala ndi msika waukulu wapadziko lonse wa malonda ndi malonda omwe amayang'ana kwambiri kukhazikitsa ndi kusunga kasamalidwe ka malonda ogulitsa ndi mabungwe ndi maubwenzi a ntchito zamakono pogulitsa ntchito zake kwa osunga ndalama mwachindunji komanso kudzera muubale wogawa wachitatu, kuphatikizapo akatswiri azachuma ndi alangizi a penshoni.
BlackRock ndi kampani yodziyimira payokha, yogulitsa pagulu, yopanda eni ake ambiri komanso opitilira 85% a Board of Directors okhala ndi owongolera odziyimira pawokha.
Oyang'anira akufuna kupereka phindu kwa omwe ali ndi masheya pakapita nthawi, mwa zina, kugwiritsa ntchito mpikisano wosiyanasiyana wa BlackRock, kuphatikiza:
• Cholinga cha Kampani pakuchita bwino kwambiri popereka ma alpha pazinthu zomwe zikugwira ntchito ndi zolakwika zochepa kapena osatsata zolozera;
• Kufikira kwa Kampani padziko lonse lapansi ndikudzipereka kuchita bwino padziko lonse lapansi, pomwe pafupifupi 50% ya ogwira ntchito kunja kwa United States akutumikira makasitomala kwanuko ndikuthandizira kuthekera kwazachuma m'deralo. Pafupifupi 40% ya AUM yonse imayendetsedwa kwa makasitomala omwe ali kunja kwa United States;
• Kuchulukira kwa njira zogulira kampani, kuphatikizirapo chindapusa cha msika, zinthu, zochitika mwadongosolo, zokhazikika, zokhudzika kwambiri za ma alpha ndi zinthu zina zosagwirizana ndi malamulo, zomwe zimakulitsa luso lake lokonzekera njira zogulira ndalama kuti zikwaniritse zosowa zamakasitomala;
• Ubale wosiyanasiyana wamakasitomala a kampani ndi kuyang'ana kwawo mwachilungamo, zomwe zimapangitsa kuti azitha kusintha zosowa zamakasitomala komanso momwe zinthu zikuyendera, kuphatikiza kusintha kwachuma ndi ma ETFs, kukula kwagawidwe kumisika yaboma, kufunikira kwa njira zogwirira ntchito bwino, kuchulukitsa kufunika kwa ndalama zokhazikika. njira ndi mayankho athunthu pogwiritsa ntchito index, zogwira ntchito komanso zosavomerezeka; ndi kupitiriza kuyang'ana pa ndalama ndi kupuma pantchito; ndi
• Kudzipereka kwa nthawi yayitali kwa Kampani pazatsopano, ntchito zaukadaulo komanso kupitilizabe kupanga, komanso kuchulukitsitsa kwa chidwi muzinthu zaukadaulo za BlackRock ndi mayankho, kuphatikiza Aladdin, Aladdin Wealth, eFront, Aladdin Climate, ndi Cachematrix. Kudzipereka kumeneku kumakulitsidwanso ndi ndalama zocheperako muukadaulo wogawa, deta ndi kuthekera konse kwa mbiri kuphatikiza Envestnet, Scalable Capital, iCapital, Acorns, ndi Clarity AI.
BlackRock imagwira ntchito pamsika wapadziko lonse lapansi wokhudzidwa ndi kusintha kwa msika komanso kusatsimikizika kwachuma, zinthu zomwe zingakhudze kwambiri mapindu ndi kubweza kwa masheya munthawi iliyonse.
Kuthekera kwa Kampani kukulitsa ndalama, zopeza ndi mtengo wa masheya pakapita nthawi zimatengera kuthekera kwake kopanga bizinesi yatsopano, kuphatikiza bizinesi ku Aladdin ndi zinthu zina zaukadaulo ndi ntchito zina. Kuyesetsa kwatsopano kwamabizinesi kumadalira kuthekera kwa BlackRock kukwaniritsa zolinga zamakasitomala, m'njira yogwirizana ndi zomwe amakonda pachiwopsezo, kupereka chithandizo chabwino kwambiri chamakasitomala komanso kupanga luso laukadaulo lothandizira zosowa zamakasitomala.
Zonsezi zimafuna kudzipereka ndi zopereka za ogwira ntchito ku BlackRock. Chifukwa chake, kuthekera kokopa, kukulitsa ndi kusunga akatswiri aluso ndikofunikira kuti kampani ikhale yopambana kwanthawi yayitali
AUM imayimira chuma chambiri chomwe chimayendetsedwa ndi makasitomala mosakayikira malinga ndi kasamalidwe ka ndalama ndi mapangano odalirika omwe akuyembekezeka kupitilira kwa miyezi 12. Nthawi zambiri, lipoti la AUM limawonetsa njira zowunikira zomwe zimagwirizana ndi maziko omwe amagwiritsidwa ntchito pozindikira ndalama (mwachitsanzo, mtengo wamtengo wapatali). Lipoti la AUM silimaphatikizapo katundu amene BlackRock amapereka kasamalidwe ka chiwopsezo kapena mitundu ina ya upangiri waupangiri, kapena zinthu zomwe kampani imasungidwa kuti isamalire pakanthawi kochepa.
Ndalama zoyendetsera ndalama zimapezedwa ngati peresenti ya AUM. BlackRock imalandiranso ndalama zogwirira ntchito pazinthu zina zokhudzana ndi benchmark yomwe mwagwirizana kapena cholepheretsa kubwerera. Pazinthu zina, Kampani imathanso kupeza ndalama zobwereketsa. Kuphatikiza apo, BlackRock imapereka kachitidwe kake ka Aladdin kasungidwe kake komanso kasamalidwe ka zoopsa, kutumiza kunja, upangiri ndi ntchito zina zaukadaulo, kwa osunga ndalama m'mabungwe ndi oyang'anira chuma.
Ndalama za mautumikiwa zitha kukhazikitsidwa pazifukwa zingapo kuphatikiza kufunikira kwa maudindo, kuchuluka kwa ogwiritsa ntchito, kukhazikitsidwa kwa moyo wantchito ndikupereka mayankho a mapulogalamu ndi chithandizo.
Pa Disembala 31, 2021, AUM yonse inali $10.01 thililiyoni, kuyimira CAGR ya 14% pazaka zisanu zapitazi. Kukula kwa AUM panthawiyi kudakwaniritsidwa kudzera pakuphatikiza phindu lamtengo wapatali la msika, kulowa ndi kugula, kuphatikiza First Reserve Transaction, yomwe idawonjezera $ 3.3 biliyoni ya AUM mu 2017, zotsatira za AUM kuchokera ku TCP Transaction, Citibanamex Transaction, the Aegon Transaction ndi DSP Transaction, yomwe idawonjezera $ 27.5 biliyoni ya AUM mu 2018, ndi Aperio Transaction, yomwe idawonjezera $ 41.3 biliyoni ya AUM mu February 2021.
CLIENT TYPE
BlackRock imagwira ntchito zosiyanasiyana zamakasitomala ndi ogulitsa padziko lonse lapansi, ndi mtundu wabizinesi womwe umayang'ana kwambiri dera. BlackRock imathandizira mapindu akukula padziko lonse lapansi, ziwopsezo ndi nsanja zaukadaulo pomwe nthawi yomweyo imagwiritsa ntchito kupezeka kwawoko kuti ipereke mayankho kwa makasitomala. Kuphatikiza apo, gulu lathu limathandizira kuti pakhale mgwirizano wamphamvu padziko lonse lapansi m'magawo onse ndi zigawo kuti tipititse patsogolo luso lathu logwiritsa ntchito njira zabwino zothandizira makasitomala athu ndikupitiliza kupanga.
talente yathu.
Makasitomala akuphatikizapo mabungwe omwe salipiritsa msonkho, monga phindu lofotokozedwa ndi mapulani apenshoni omwe aperekedwa, mabungwe achifundo, maziko ndi zopereka; mabungwe ovomerezeka, monga mabanki apakati, ndalama zodziyimira pawokha, ma supranationals ndi mabungwe ena aboma; mabungwe okhoma msonkho, kuphatikiza makampani a inshuwaransi, mabungwe azachuma, mabungwe ndi othandizira ndalama za chipani chachitatu, ndi oyimira pakati ogulitsa.
Ma ETF ndi gawo lomwe likukula m'mabungwe amakasitomala ogulitsa komanso ogulitsa. Komabe, popeza ma ETF amagulitsidwa pakusinthana, kuwonetsetsa kwathunthu kwa kasitomala womaliza sikukupezeka. Chifukwa chake, ma ETF amawonetsedwa ngati mtundu wosiyana wamakasitomala pansipa, ndikuyika ndalama mu ETF ndi mabungwe ndi makasitomala ogulitsa osaphatikizidwa paziwerengero ndi zokambirana m'magawo awo.
Ritelo
BlackRock imathandizira osunga ndalama padziko lonse lapansi kudzera m'magalimoto osiyanasiyana pamitundu yonse yogulitsa, kuphatikiza maakaunti osiyana, ndalama zotseguka komanso zotsekera, ma unit trust ndi ndalama zosungira anthu wamba. Otsatsa malonda amathandizidwa makamaka ndi oyimira pakati, kuphatikiza ogulitsa ma broker, mabanki, makampani odalirika, makampani a inshuwaransi ndi alangizi odziyimira pawokha azachuma.
Mayankho aukadaulo, zida zogawira digito komanso kusinthira kumamangidwe akuwonjezera kuchuluka kwa alangizi azachuma komanso osunga ndalama omaliza omwe amagwiritsa ntchito zinthu za BlackRock.
Malonda adayimira 11% ya AUM yanthawi yayitali pa Disembala 31, 2021 ndi 34% ya upangiri wanthawi yayitali waupangiri ndi kayendetsedwe kazachuma (zonse "zolipiritsa zoyambira") komanso ndalama zobwereketsa za 2021. Ma ETF ali ndi gawo lalikulu pamsika koma amawonetsedwa mosiyana. pansipa. Kupatula ETFs, retail AUM imakhala ndi ndalama zogwirira ntchito limodzi. Ndalama zomwe zimagwirizana zidakwana $841.4 biliyoni, kapena 81%, za AUM za nthawi yayitali kumapeto kwa chaka, ndipo zotsalazo zidayikidwa mundalama zabizinesi zachinsinsi komanso maakaunti omwe amayendetsedwa padera. 82% ya AUM yogulitsa nthawi yayitali imayikidwa pazinthu zomwe zimagwira ntchito.
ETFs
BlackRock ndiye amene amatsogolera ETF padziko lonse lapansi ndi $3.3 thililiyoni a AUM pa Disembala 31, 2021, ndipo adapeza ndalama zonse zokwana $305.5 biliyoni mu 2021. Zambiri za ETF AUM ndi zolowa zonse zikuyimira ma ETF a Kampani akutsatira iShares-branded ETFs. Kampaniyo imaperekanso nambala yosankhidwa ya ma ETF omwe ali ndi mtundu wa BlackRock omwe amafunafuna zopambana komanso/kapena zosiyana.
Equity ETF yalowa ndalama zokwana $222.9 biliyoni idayendetsedwa ndi kulowa mu ma ETF okhazikika komanso okhazikika, komanso kupitilizabe kwamakasitomala kugwiritsa ntchito ma ETF a BlackRock pofotokoza malingaliro omwe ali pachiwopsezo mkati mwa chaka. Ndalama zokhazikika za ETF zokwana madola 78.9 biliyoni zidasinthidwa mosiyanasiyana, motsogozedwa ndi kulowa kwandalama zotetezedwa ndi inflation, core and municipal bond. Ma ETF amitundu ingapo ndi ma ETF ena adapereka ndalama zokwana $3.8 biliyoni zolowa, makamaka m'ndalama zogawika ndi katundu.
Ma ETF adayimira 35% ya AUM yanthawi yayitali pa Disembala 31, 2021 ndi 41% ya chiwongola dzanja chanthawi yayitali ndi ndalama zobwereketsa za 2021.
Makasitomala ogulitsa akusiyana mosiyanasiyana, pomwe 67% ya AUM yanthawi yayitali imayendetsedwa ndi osunga ndalama omwe amakhala ku America, 28% ku EMEA ndi 5% ku Asia-Pacific kumapeto kwa chaka cha 2021.
• Ndalama zogulira ku US zanthawi yayitali za $ 59.7 biliyoni zidatsogozedwa ndi ndalama zokhazikika komanso zokhazikika za $ 24.1 biliyoni ndi $ 20.6 biliyoni, motsatana. Equity net inflows idatsogozedwa ndi kuchuluka kwakukula kwa US, ukadaulo komanso ma franchise apadziko lonse lapansi. Ndalama zokhazikika zomwe zalowa zinali zosiyanasiyana pazowonekera ndi zogulitsa, ndikuyenderera mwamphamvu muzopereka zopanda malire, zamatauni komanso zobwezera zonse.
Njira zina zopezera ndalama zokwana $9.1 biliyoni zidayendetsedwa ndikuyenda mu BlackRock Alternative Capital Strategies ndi ndalama za Global Event Driven. Kulowa kwazinthu zambiri za $ 5.9 biliyoni kuphatikizira kutseka kwabwino kwa $ 2.1 biliyoni ya BlackRock ESG Capital Allocation Trust.
Mu kotala yoyamba ya 2021, BlackRock adatseka kupeza kwa Aperio, mpainiya pakukonza maakaunti omwe amayendetsedwa ndi misonkho ("SMA"), kuti akweze nsanja yake yachuma ndikupereka mayankho athunthu kwa alangizi apamwamba kwambiri. . Kuphatikiza kwa Aperio ndi BlackRock's SMA Franchise yomwe ilipo kale kumakulitsa kuchuluka kwa kuthekera kopanga makonda komwe kumapezeka kwa oyang'anira chuma kuchokera ku BlackRock kudzera njira zoyendetsedwa ndi misonkho pazifukwa zonse, kuwonetsa msika wamsika, komanso zokonda za Investor Environmental, Social, and Governance ("ESG") pazachuma zonse. makalasi.
Mu kotala lachitatu la 2021, BlackRock idapanga ndalama zochepa ku SpiderRock Advisors, woyang'anira chuma wothandizidwa ndiukadaulo yemwe adayang'ana kwambiri popereka njira zophatikizira mwaukadaulo. Kampani ikuyembekeza kuti ndalamazi ziwonjezere kuthekera kwazinthu ku Aperio ndikuthandizira kukulitsa franchise yake ya SMA.
• Ndalama zogulira zapadziko lonse lapansi zanthawi yayitali zokwana $42.4 biliyoni zidatsogozedwa ndi ndalama zokwana $18.0 biliyoni, zomwe zikuwonetsa mayendedwe amphamvu mu index equity mutual funds, ndi chuma chathu chachilengedwe ndi ukadaulo wogwira ntchito. Kuphatikiza apo, ndalama zomwe zalowa zikuwonetsa $1.4 biliyoni zomwe zidakwezedwa kuyambira pomwe BlackRock's Wholl owned Fund Management Company (“FMC”) and Wealth Management Company (“WMC”) agwirizana ku China.
Ndalama zokhazikika zokwana $ 14.3 biliyoni zidayendetsedwa ndikuyenda mu index yokhazikika ya ndalama zogwirizanitsa ndi njira za Asia bond. Kulowa kwazinthu zambiri za $ 6.6 biliyoni kudatsogozedwa ndikuyenda mu ESG ndi njira zogawira dziko lapansi. Njira zina zopezera ndalama zokwana $3.5 biliyoni zikuwonetsa kufunikira kwa thumba la BlackRock's Global Event Driven fund.
Institutional active AUM inatha mu 2021 pa $1.8 thililiyoni, kuwonetsa $169.1 biliyoni ya ndalama zonse, motsogozedwa ndi mphamvu zochulukirapo m'magulu onse azinthu, ndalama zoperekedwa ndi mkulu wotsogola wotsogola ("OCIO") ndikupitilira kukula mu tsiku lathu la LifePath®. chilolezo.
Njira zina zopezera ndalama zokwana $ 15.8 biliyoni zidatsogozedwa ndi kulowa mungongole zachinsinsi, zomangamanga, malo ndi malo ogulitsa. Kupatula kubweza ndalama ndi ndalama zokwana $8.3 biliyoni, njira zina zopezera ndalama zinali $24.1 biliyoni. Kuphatikiza apo, 2021 inali chaka china champhamvu chopezera ndalama za njira zina zopanda pake.
Mu 2021, BlackRock idakweza ndalama zokwana $42 biliyoni zamakasitomala, zomwe zikuphatikiza zonse zomwe zalowa komanso zomwe sizinalipire zomwe zidakwezedwa. Kumapeto kwa chaka, BlackRock inali ndi ndalama zokwana $36 biliyoni za ndalama zomwe sizinalipiridwe kuti zigwiritsidwe ntchito kwa makasitomala, zomwe sizikuphatikizidwa mu AUM. Ogwira ntchito amayimira 19% ya AUM yanthawi yayitali ndi 18% ya zolipiritsa zanthawi yayitali komanso ndalama zobwereketsa zachitetezo mu 2021.
Institutional index AUM idakwana $3.2 thililiyoni pa Disembala 31, 2021, kuwonetsa $117.8 biliyoni yazatuluka zomwe zidaphatikizapo kuwomboledwa kwandalama zotsika $58 biliyoni mgawo lachiwiri. Kutuluka kwa Equity kwa $169.3 biliyoni kudawonetsanso makasitomala akubweza ndalama zawo pambuyo pa phindu lalikulu pamsika, kapena kusamutsa katundu kupita ku ndalama zokhazikika ndi ndalama. Ndalama zokhazikika zokwana $ 52.4 biliyoni zidayendetsedwa ndi kufunikira kwa mayankho oyendetsera ndalama.
Institutional index idayimira 35% ya AUM yanthawi yayitali ndi 7% ya zolipiritsa zanthawi yayitali ndi ndalama zobwereketsa za 2021.
Makasitomala a kampani ndi awa:
• Pensions, Foundations ndi Endowments. BlackRock ndi m'modzi mwa oyang'anira akuluakulu padziko lonse lapansi azinthu zamapenshoni omwe ali ndi $ 3.2 thililiyoni, kapena 65%, ya AUM yanthawi yayitali yoyendetsedwa kuti apindule, zopereka zofotokozedwa ndi mapulani ena apenshoni a
mabungwe, maboma ndi mabungwe pa Disembala 31, 2021. Msika ukuyendabe kuchoka pa phindu lodziwika kupita ku zopereka zomwe tafotokozazi, ndipo njira yathu yoperekera ndalama ikuyimira $1.4 thililiyoni ya ndalama zonse zapenshoni za AUM. BlackRock ikadali pamalo abwino kuti ipindule ndikukula kwa msika womwe waperekedwa komanso kufunikira kwa ndalama zomwe zimadalira zotsatira.
Ndalama zina zokwana $96.0 biliyoni, kapena 2%, za AUM za nthawi yayitali zidayendetsedwa kwa osunga ndalama osakhoma msonkho, kuphatikiza mabungwe achifundo, maziko ndi zopereka.
• Mabungwe Ovomerezeka. BlackRock idakwanitsa $316.4 biliyoni, kapena 7%, ya AUM yanthawi yayitali yamabungwe ovomerezeka, kuphatikiza mabanki apakati, ndalama zodziyimira pawokha, ma supranationals, mabungwe osiyanasiyana ndi maunduna ndi mabungwe aboma kumapeto kwa chaka cha 2021.
Makasitomala awa nthawi zambiri amafunikira upangiri wapadera wazachuma, kugwiritsa ntchito ma benchmark okhazikika komanso chithandizo chamaphunziro.
• Ndalama ndi Mabungwe Ena. BlackRock ndi woyang'anira wamkulu wodziyimira pawokha wamakampani a inshuwaransi, omwe adatenga $ 507.8 biliyoni.
Katundu woyendetsedwa ndi mabungwe ena okhometsedwa misonkho, kuphatikiza mabungwe, mabanki ndi othandizira thumba la chipani chachitatu zomwe Kampani imapereka upangiri wocheperako, zidakwana $797.3 biliyoni, kapena 16%, ya AUM yanthawi yayitali ya AUM kumapeto kwa chaka.
Zopereka zanthawi yayitali zimaphatikizapo njira zofufuza za alpha ndi index. Njira zathu zogwirira ntchito zofunafuna ma alpha zimafuna kupeza phindu lokongola mopitilira muyeso wamsika kapena vuto la magwiridwe antchito pomwe tikukhalabe ndi mbiri yoyenera yachiwopsezo ndikuwonjezera kafukufuku wofunikira ndi mitundu yachulukidwe kuti tithandizire kupanga mbiri. Mosiyana ndi izi, njira zowonetsera zimayang'ana kuyang'anira bwino zobwerera za index yofananira, makamaka poikapo ndalama muzogulitsa zomwezo zomwe zili mkati mwa index kapena m'gawo lazotetezedwa zomwe zasankhidwa kuyerekeza chiwopsezo chofanana ndi kubweza mbiri ya indexyo. Ndondomeko za ndondomeko
muphatikizepo zonse zomwe sizili za ETF index ndi ma ETF.
Ngakhale makasitomala ambiri amagwiritsa ntchito njira zonse zofunafuna alpha komanso zolozera, kugwiritsa ntchito njirazi kumatha kusiyana. Mwachitsanzo, makasitomala angagwiritse ntchito malonda a index kuti adziwe msika kapena kalasi ya katundu kapena angagwiritse ntchito njira zowonetsera kuti apeze phindu. Kuphatikiza apo, magawo omwe si a ETF omwe amaperekedwa amakhala aakulu kwambiri (madola mabiliyoni ambiri) ndipo nthawi zambiri amawonetsa mitengo yotsika. Mayendedwe a Net muzogulitsa zamakasitomala nthawi zambiri amakhala ndi zotsatira zochepa pazachuma komanso zomwe BlackRock amapeza.
Equity Year-end 2021 equity AUM inakwana $5.3 trillion, kuwonetsa ndalama zokwana $101.7 biliyoni. Ndalama zonse zomwe zalowa zikuphatikiza $222.9 biliyoni ndi $48.8 biliyoni mu ETFs ndipo akugwira ntchito, motsatana, kuthetsedwa pang'ono ndi zotuluka zomwe sizinali za ETF za $170.0 biliyoni. Kulembetsa kulowetsedwa kwachuma kudayendetsedwa ndi kuchuluka kwakukula kwa US, ukadaulo ndi ma franchise ofunikira padziko lonse lapansi, komanso kuyenderera munjira zochulukira.
Mitengo yotsika mtengo ya BlackRock imasinthasintha chifukwa cha kusintha kwa kaphatikizidwe ka AUM. Pafupifupi theka la BlackRock's Equity AUM limagwirizana ndi misika yapadziko lonse lapansi, kuphatikiza misika yomwe ikubwera, yomwe imakhala ndi chindapusa chokwera kuposa njira zaku US. Chifukwa chake, kusinthasintha kwamisika yapadziko lonse lapansi, komwe sikungafanane ndi misika yaku US, kumakhudza kwambiri ndalama zomwe BlackRock amapeza komanso chiwongola dzanja.
Equity idayimira 58% ya AUM yanthawi yayitali ndi 54% ya ndalama zobwereketsa zanthawi yayitali ndi zitetezo zobwereketsa za 2021. Ndalama zokhazikika AUM inatha 2021 pa $2.8 thililiyoni, kuwonetsa ndalama zokwana $230.3 biliyoni. Ndalama zomwe zalowa zikuphatikiza $94.0 biliyoni, $78.9 biliyoni ndi $57.4 biliyoni yogwira ntchito, ETFs ndi non-ETF index, motsatana. Kulembetsa ndalama zokhazikika zokhazikika za $ 94.0 biliyoni zikuwonetsa ndalama zomwe zidaperekedwa mgawo lachinayi, komanso kusefukira kwamphamvu muzopereka zopanda malire, zamatauni, zobweza zonse ndi Asia.
Ndalama zosasunthika zidayimira 30% ya AUM yanthawi yayitali ndi 26% ya chiwongola dzanja chanthawi yayitali ndi ndalama zobwereketsa zachitetezo cha 2021.
Multi-Asset
BlackRock imayang'anira ndalama zingapo zofananira ndi zinthu zambiri zomwe zimaperekedwa kwamakasitomala osiyanasiyana omwe amathandizira ukadaulo wathu wazachuma pazachuma padziko lonse lapansi, ma bond, ndalama ndi zinthu, komanso kuthekera kwathu koyang'anira zoopsa. Njira zothetsera ndalama zogulira ndalama zingaphatikizepo kuphatikiza kwambiri kwanthawi yayitali ndi njira zina zogulira komanso kugawira katundu mwanzeru.
Katundu wambiri adayimira 9% ya AUM yanthawi yayitali ndi 10% ya chiwongola dzanja chanthawi yayitali ndi ndalama zobwereketsa zachitetezo cha 2021.
Kuchulukirachulukira kwazinthu zambiri kumawonetsa kufunikira kwa mabungwe omwe akupitilira upangiri wathu wokhudzana ndi mayankho ndi $83.0 biliyoni ya ndalama zonse zomwe zimachokera kwamakasitomala amabungwe. Mapulani operekedwa amakasitomala amakasitomala adakhalabe oyendetsa kwambiri ndipo adapereka $ 53.5 biliyoni pakulowa m'mabungwe osiyanasiyana mu 2021, makamaka tsiku lomwe mukufuna komanso zomwe zikuyembekezeka.
Njira zamakampani zamitundu yambiri ndi izi:
• Tsiku lachindunji ndi zinthu zowopsa zomwe zidabweretsa ndalama zokwana $30.5 biliyoni. Osunga ndalama m'mabungwe adayimira 90% ya tsiku lomwe akufuna komanso chiwopsezo chomwe akufuna kutsata AUM, ndipo mapulani ake akuyimira 84% ya AUM. Kuyenda kumayendetsedwa ndi zopereka zomwe zafotokozedwa
ndalama muzopereka zathu za LifePath. Zogulitsa za LifePath zimagwiritsa ntchito njira yophatikizira yogawa zinthu zomwe zimayang'ana kuti ziwongolere ziwopsezo ndikubweza ndalama zomwe zikuyembekezeka kutengera nthawi yomwe wobwereketsayo akuyenera kupuma pantchito. Ndalama zoyambira
ndi zinthu zolozera.
• Kugawika kwa chuma ndi zinthu zabwino zomwe zidapanga ndalama zokwana $37.2 biliyoni. Njirazi zimaphatikiza chilungamo, ndalama zokhazikika komanso magawo ena kwa osunga ndalama omwe akufuna njira yolumikizirana ndi chizindikiritso komanso mkati mwa bajeti yowopsa. Mu
Nthawi zina, njirazi zimafuna kuchepetsa chiopsezo chotsika pogwiritsa ntchito njira zosiyanasiyana, zotumphukira ndi zisankho zamagawidwe azinthu.
Zogulitsa zam'tsogolo zikuphatikiza mabanja athu a Global Allocation ndi Multi-Asset Income fund.
• Ntchito za kasamalidwe ka Fiduciary ndi ntchito zovuta momwe othandizira mapulani a penshoni kapena ma endowments ndi maziko amasunga BlackRock kuti atengepo udindo pazinthu zina kapena mbali zonse za kasamalidwe ka ndalama, nthawi zambiri BlackRock amagwira ntchito ngati mkulu wotsogola wandalama. Ntchito zosinthidwa mwamakondazi zimafunikira mgwirizano wamphamvu ndi ogwira ntchito zamakasitomala ndi matrasti kuti athe kukonza njira zoyendetsera ndalama kuti zigwirizane ndi bajeti zomwe zingawopsezedwe ndi kasitomala ndi zolinga zobwezera. Fiduciary inflows ya $ 30.1 biliyoni ikuwonetsa ndalama zomwe OCIO idachita.
njira zina
Njira zina za BlackRock zimayang'ana kwambiri pakufufuza ndikuwongolera mabizinesi apamwamba a alpha ndikulumikizana kochepa ndi misika yaboma ndikupanga njira yokwanira yothana ndi zosowa zamakasitomala m'njira zina.
Zogulitsa m'malo mwamakampani zimagwera m'magulu atatu akuluakulu - 1) njira zosavomerezeka, 2) zina zamadzimadzi, ndi 3) ndalama ndi zinthu. Njira zina zosagwirizana ndi Illiquid zimaphatikizapo zopereka munjira zina, ndalama zachinsinsi, mwayi ndi ngongole, malo ndi zomangamanga. Njira zina zamadzimadzi zimaphatikizapo zopereka mu hedge funds ndi hedge fund solutions (ndalama zandalama).
Mu 2021, njira zina zamadzimadzi ndi zopanda pake zidapanga ndalama zokwana $27.4 biliyoni, kapena $36.6 biliyoni kuphatikiza kubweza ndalama / ndalama zokwana $9.2 biliyoni. Zomwe zidathandizira kwambiri kubweza ndalama zazikulu / zogulitsa zinali njira zopezera mwayi komanso ngongole, njira zopezera ndalama zachinsinsi komanso zomangamanga. Ma Net inflows adayendetsedwa ndi ndalama za hedge mwachindunji, ndalama zachinsinsi, zomangamanga komanso njira zopezera mwayi komanso ngongole.
Kumapeto kwa chaka, BlackRock inali ndi pafupifupi $ 36 biliyoni ya malipiro osalipira, osalipidwa, malonjezano osagwiritsidwa ntchito, omwe akuyembekezeka kutumizidwa m'zaka zamtsogolo; malonjezanowa sanaphatikizidwe mu AUM kapena kuyenda mpaka atalipira. Ndalama ndi katundu zinapeza ndalama zokwana $1.6 biliyoni, makamaka muzinthu za ETF.
BlackRock ikukhulupirira kuti njira zina zikayamba kukhala zachilendo komanso osunga ndalama amasintha njira zawo zogawira zinthu, osunga ndalama aziwonjezera kugwiritsa ntchito kwawo ndalama zina kuti agwirizane ndi zomwe zili pachiwopsezo. BlackRock's franchise yosinthika kwambiri ili ndi mwayi wopitilira kukwaniritsa zomwe zikukula kuchokera kwa omwe amagulitsa mabungwe ndi ogulitsa. Njira zina zidayimira 3% ya AUM yanthawi yayitali ndi 10% ya zolipiritsa zanthawi yayitali ndi ndalama zobwereketsa zachitetezo.
2021.
Njira Zina za Illiquid
Njira zina zosavomerezeka za kampani ndi izi:
• Alternative Solutions imayimira ma portfolio osinthidwa mwamakonda azinthu zina. Mu 2021, mayankho ena anali ndi $ 6.0 biliyoni mu AUM, ndi $ 1.4 biliyoni ya ndalama zonse.
• Mabungwe a Private Equity ndi Opportunistic anaphatikizapo AUM ya $19.4 biliyoni muzothetsera zachinsinsi, $19.3 biliyoni popereka mwayi ndi ngongole, ndi $3.5 biliyoni mu Long Term Private Capital (“LTPC”). Ndalama zonse zokwana madola 9.1 biliyoni muzochita zachinsinsi komanso njira zopezera mwayi zinaphatikizapo $ 6.3 biliyoni ya ndalama zopezera mwayi ndi ngongole ndi $ 2.8 biliyoni ya ndalama zopezera mayankho achinsinsi.
• Chuma Chamtengo Wapatali, chomwe chimaphatikizapo zomangamanga ndi malo, ndalama zokwana madola 54.4 biliyoni ku AUM, kusonyeza ndalama zokwana madola 5.7 biliyoni, motsogozedwa ndi kukweza ndalama zowonongeka ndi kutumizidwa.
Njira Zamadzimadzi
Ndalama zogulira zinthu zina za kampani zamakampani zokwana madola 11.3 biliyoni zikuwonetsa ndalama zokwana $10.0 biliyoni ndi $1.3 biliyoni kuchokera ku njira za Direct hedge fund ndi mayankho a hedge fund, motsatana. Njira za Direct hedge fund zikuphatikizapo zopereka zosiyanasiyana imodzi ndi njira zambiri.
Kuphatikiza apo, kampani imayendetsa ndalama zokwana $103.9 biliyoni m'njira za ngongole zamadzimadzi zomwe zikuphatikizidwa ndi ndalama zokhazikika.
Ndalama ndi Zogulitsa
Ndalama za Kampani ndi katundu wake zimakhala ndi zinthu zosiyanasiyana zomwe zimagwira ntchito komanso zolozera. Zogulitsa zandalama ndi zogulitsa zinali ndi ndalama zokwana $1.6 biliyoni, zoyendetsedwa ndi ma ETF. Zogulitsa za ETF zinali $65.6 biliyoni za AUM ndipo sizoyenera kulipira chindapusa.
Kuwongolera Ndalama
Kasamalidwe ka Cash AUM adakwana $755.1 biliyoni pa Disembala 31, 2021, kuwonetsa mbiri yokwana $94.0 biliyoni yazolowa zonse. Zogulitsa zoyendetsera ndalama zimaphatikizapo ndalama zokhoma msonkho komanso zosalipira msonkho pamsika wandalama, ndalama zanthawi yochepa komanso maakaunti osiyana siyana. Ma portfolio amapangidwa ndi madola aku US, madola aku Canada, madola aku Australia, ma Euro, Swiss Francs, New Zealand Dollars kapena mapaundi aku Britain. Kukula kwamphamvu pakuwongolera ndalama kumawonetsa kupambana kwa BlackRock pakukweza masikelo kwamakasitomala ndikupereka njira zatsopano zogawa za digito ndi njira zowongolera zoopsa.
BlackRock pakali pano ikuchotsa modzifunira gawo la kasamalidwe ka ndalama zina za msika wandalama kuti awonetsetse kuti amakhalabe ndi ndalama zochepa zomwe amapeza tsiku lililonse. M'chaka cha 2021, kuchotsedwa kumeneku kunachititsa kuti ndalama zoyendetsera ndalama zichepe pafupifupi $500 miliyoni, zomwe zinachepetsedwa pang'ono ndi kuchepetsedwa kwa ndalama za BlackRock zomwe zimaperekedwa kwa oyimira zachuma. BlackRock yapereka zopereka zothandizira zokolola modzifunira m'zaka zam'mbuyomu ndipo ikhoza kuonjezera kapena kuchepetsa mlingo wa zokolola zothandizira zokolola m'tsogolomu. Kuti mudziwe zambiri onani Note 2, Yofunika akawunti Ndondomeko, muzolemba zamakalata ophatikizidwa azachuma omwe akuphatikizidwa mu Gawo II, Gawo 8 lazolembazi.
