BlackRock, Inc. inotungamira inotengeswa neruzhinji yekudyara manejimendi femu ine $10.01 tiririyoni ye assets pasi pemaneja (“AUM”) pana Zvita 31, 2021. Nevanoda kusvika 18,400 vashandi munyika dzinopfuura makumi matatu dzinoshandira vatengi munyika dzinopfuura zana pasirese, BlackRock inopa huwandu hwakawanda hwekudyara kwekudyara uye masevhisi ehunyanzvi kumasangano uye. chitoro vatengi pasi rese.
BlackRock's rakasiyana puratifomu yekutsvaga alpha inoshanda, index uye mari manejimendi ekudyara mari mumakirasi easset inoita kuti Kambani igadzirise mhedzisiro yekudyara uye mhinduro dzekugovaniswa kweasset kune vatengi. Zvigadzirwa zvinopihwa zvinosanganisira imwechete- uye akawanda-assets portfolios kuisa mari muequities, yakatarwa mari, dzimwe nzira uye mari yemusika zviridzwa. Zvigadzirwa zvinopihwa
zvakananga uye kuburikidza nevamiriri mumhando dzakasiyana dzemotokari, kusanganisira yakavhurika-yekupedzisira uye yakavharwa-yekupedzisira mutual funds, iShares® uye BlackRock exchange-traded funds ("ETFs"), akaparadzana maakaundi, pamwe chete trust fund uye dzimwe dzakabatanidzwa dzekudyara mota.
Nhoroondo ye BlackRock Inc
BlackRock inopawo tekinoroji masevhisi, anosanganisira ekudyara uye njodzi manejimendi tekinoroji chikuva, Aladdin®, Aladdin Wealth, eFront, uye Cachematrix, pamwe nemasevhisi ekuraira uye mhinduro kune hwaro hwakafara hwemasangano uye hupfumi manejimendi vatengi. Iyo Kambani inodzorwa zvakanyanya uye inogadzirisa zvinhu zvevatengi vayo sefiduciary.
BlackRock inoshanda musanganiswa wakasiyana-siyana wemasangano uye vatengesi vatengi kutenderera pasirese. Vatengi vanosanganisira masangano asingabhadhare mutero, akadai seakatsanangurwa bhenefiti uye akatsanangurwa mupiro wepenjeni zvirongwa, masangano anobatsira, nheyo uye endowments; masangano ehurumende, akadai sepakati mabhengi, changamire hupfumi mari, supranationals nemamwe masangano ehurumende; masangano anotereswa, anosanganisira makambani einishuwarenzi, masangano emari, makambani uye vechitatu-bato homwe vanotsigira, uye vatengesi vepakati.
BlackRock inochengetedza kukosha kwekutengesa kwepasirese uye kushambadzira kuvepo kwakanangana nekumisikidza nekuchengetedza zvitoro uye masangano manejimendi manejimendi uye hukama hwesevhisi tekinoroji nekushambadzira masevhisi ayo kune vanoisa mari zvakananga uye kuburikidza nevechitatu-bato rekugovera hukama, kusanganisira vashandi vezvemari nevapi vepenjeni.
BlackRock ikambani yakazvimirira, inotengeswa pachena, isina mugovani mumwe chete uye anopfuura makumi masere neshanu muzana eBhodi reVatungamiriri varo rinosanganisira vatungamiriri vakazvimiririra.
Management inotsvaga kuendesa kukosha kune vane stockholder nekufamba kwenguva ne, pakati pezvimwe zvinhu, kuisa mari paBlackRock yakasarudzika nzvimbo yemakwikwi, kusanganisira:
• Kutarisisa kweKambani pakuita kwakasimba kunopa alpha yezvigadzirwa zvinoshanda uye kukanganisa kushoma kana kusatevera kwezvigadzirwa zve index;
• Kusvika kweKambani pasi rose uye kuzvipira kuita zvakanakisa pasi rose, paine vashandi vangangosvika 50% vari kunze kweUnited States vanoshandira vatengi muno uye vachitsigira kugona kwekudyara kwemuno. Inenge 40% yeAUM yakazara inotungamirirwa nevatengi vanogara kunze kweUnited States;
• Kuwanda kwenzira dzekudyara kweKambani, kusanganisira musika-cap weighted index, zvinhu, zvakarongwa, zvechinyakare zvakakosha zvinoshanda, kutendiswa kwealpha uye illiquid zvimwe zvigadzirwa zvinopihwa, izvo zvinosimudzira kugona kwayo kugadzirisa wholeportfolio yekudyara mhinduro kugadzirisa zvakanangana nevatengi;
• Kambani inosiyanisa hukama hwevatengi uye kutarisisa, izvo zvinogonesa chinzvimbo chakasimba chekuchinja zvinodiwa nevatengi uye maitiro makuru zvinosanganisira shanduko yenyika kuenda kune indexing yekudyara uye ETFs, kukura kugoverwa kumisika yakazvimirira, kudiwa kwemaitiro anoshanda epamusoro, kuwedzera kudiwa kwekudyara kwakasimba. mazano uye zvigadziriso zvepodfolio yose uchishandisa index, inoshanda uye illiquid dzimwe nzira zvigadzirwa; uye kuenderera mberi kwekutarisa pamuhoro uye pamudyandigere; uye
• Kuzvipira kwenguva refu kweKambani pakuvandudza zvinhu zvitsva, mabasa ehunyanzvi uye kuenderera mberi kwekusimudzira, uye kuwedzera kufarira, zvigadzirwa zvehunyanzvi zveBlackRock nemhinduro, zvinosanganisira Aladdin, Aladdin Wealth, eFront, Aladdin Climate, uye Cachematrix. Kuzvipira uku kunowedzerwa nekudyara kwevashoma mumatekinoroji ekugovera, data uye hunyanzvi hwepodfolio hunosanganisira Envestnet, Scalable Capital, iCapital, Acorns, uye Clarity AI.
BlackRock inoshanda mumusika wepasirese yakakanganiswa nekuchinja kwemusika dynamics uye kusagadzikana kwehupfumi, zvinhu zvinogona kukanganisa zvakanyanya mihoro uye kudzoka kune stockholder mune chero nguva yakapihwa.
Kugona kweKambani kuwedzera mari, mihoro uye kukosha kwemugodhi nekufamba kwenguva kunotaridzirwa pakukwanisa kwayo kugadzira bhizinesi idzva, kusanganisira bhizinesi muAladdin nezvimwe zvigadzirwa zvetekinoroji nemasevhisi. Kuedza kutsva kwebhizinesi kunoenderana nekugona kweBlackRock kuzadzisa zvinangwa zvevatengi zvekudyara, nenzira inoenderana nenjodzi dzavanoda, kuendesa yakanakisa sevhisi yevatengi uye kuvandudza mune tekinoroji yekushandira vatengi vanoshanduka.
Kuedza kwese uku kunoda kuzvipira uye mipiro yevashandi veBlackRock. Saizvozvo, kugona kukwezva, kukudziridza uye kuchengetedza nyanzvi dzine tarenda kwakakosha pakubudirira kweKambani kwenguva refu
AUM inomiririra huwandu hwakawanda hwezvinhu zvemari zvinochengeterwa vatengi maererano nekutonga kwekudyara uye zvibvumirano zvekuvimba zvinotarisirwa kuenderera kwemwedzi ingangoita gumi nemaviri. Kazhinji, AUM yakashumwa inoratidza nzira yekuyeresa inoenderana nehwaro hunoshandiswa pakusarudza mari (semuenzaniso, kukosha kweseti). AUM yakashumwa haisanganisire midziyo iyo BlackRock inopa manejimendi enjodzi kana mamwe maitiro eanondiscretionary zano, kana zvinhu izvo Kambani inochengeterwa kutonga kwenguva pfupi, kwenguva pfupi.
Mari yekutonga kwekudyara inowanzo wanikwa sechikamu cheAUM. BlackRock zvakare inowana mubhadharo wekuita pane mamwe mapotifoliyo ane hukama neyakabvumiranwa-pabhenji kana dambudziko rekudzoka. Pane zvimwe zvigadzirwa, Kambani zvakare inogona kuwana masecurity ekukweretesa mari. Pamusoro pezvo, BlackRock inopa hunyanzvi hwayo hwekudyara kweAladdin pamwe nekutonga kwenjodzi, kuburitsa kunze, kuraira uye mamwe masevhisi etekinoroji, kune vanoisa mari muzvikoro uye hupfumi hwekutarisira hupfumi.
Mari yeaya masevhisi inogona kunge yakavakirwa pane akati wandei maitiro anosanganisira kukosha kwezvinzvimbo, nhamba yevashandisi, kusevenzesa go-hupenyu uye software yekuunza nerutsigiro.
Pana Zvita 31, 2021, yakazara AUM yaive madhora gumi nematanhatu emadhora, inomiririra CAGR yegumi nemana muzana mumakore mashanu apfuura. Kukura kweAUM panguva iyi kwakawanikwa kuburikidza nekubatanidzwa kweiyo mambure kukosha kwemusika kuwana, mambure ekupinda uye kutora, kusanganisira Yekutanga Reserve Transaction, iyo yakawedzera madhora mabhiriyoni mazana matatu nemazana matatu emadhora eAUM muna 10.01, mambure AUM kukanganisa kubva kuTCP Transaction, Citibanamex Transaction, iyo Aegon Transaction uye DSP Transaction, iyo yakawedzera madhora 14 bhiriyoni eAUM muna 3.3, uye iyo Aperio Transaction, iyo yakawedzera madhora mabhiriyoni makumi mana neshanu emadhora eAUM muna Kukadzi 2017.
CLIENT TYPE
BlackRock inoshanda musanganiswa wakasiyana wevatengi vemasangano uye vatengesi pasi rese, ine dunhu rakatarisana nebhizinesi modhi. BlackRock inokwidziridza mabhenefiti ezviyero pakudyara kwepasirese, njodzi uye tekinoroji mapuratifomu panguva imwe chete uchishandisa kuvepo kwekugovera kwenzvimbo kuendesa mhinduro kune vatengi. Uyezve, chimiro chedu chinogonesa kushanda pamwe kwakasimba pasi rose pamabasa ese uye matunhu kuitira kuti tiwedzere kugona kwedu kusimudzira maitiro akanakisa ekushandira vatengi vedu uye kuenderera mberi nekusimudzira.
tarenda redu.
Vatengi vanosanganisira masangano asingabhadhare mutero, akadai seakatsanangurwa bhenefiti uye akatsanangurwa mupiro wepenjeni zvirongwa, masangano anobatsira, nheyo uye endowments; masangano ehurumende, akadai semabhangi epakati, mari yehupfumi, supranationals uye mamwe masangano ehurumende; masangano anotereswa, anosanganisira makambani einishuwarenzi, masangano emari, makambani uye vechitatu-bato homwe vanotsigira, uye vatengesi vepakati.
ETFs chikamu chiri kukura chezvose zviri zviviri masangano uye vatengesi vatengi portfolios. Nekudaro, sezvo maETF achitengeswa pakuchinjana, kujeka kwakazara pane yekupedzisira-mutengi hakusipo. Naizvozvo, maETF anoratidzwa semhando yevatengi vakasiyana pazasi, nekudyara muETFs nemasangano uye vatengi vezvitoro vasingabatanidzwe kubva kunhamba uye nhaurirano muzvikamu zvavo.
chitoro
BlackRock inoshandira vatengesi vezvitoro kutenderera pasirese kuburikidza nemhando dzakasiyana dzemotokari mukati mekudyara spectrum, kusanganisira akaparadzana maakaundi, yakavhurika-yekupedzisira uye yakavharwa-yekupedzisira mari, mayuniti trust uye yakavanzika mari yekudyara. Retail investimendi vanoshandirwa zvakanyanya kuburikidza nevamiriri, vanosanganisira vatengesi-vatengesi, mabhangi, makambani ekuvimba, makambani einishuwarenzi uye varairidzi vezvemari vakazvimiririra.
Tekinoroji mhinduro, maturusi ekugovera madhijitari uye shanduko yekuvaka portfolio iri kuwedzera huwandu hwevanopa mazano ezvemari uye vanopedza-kutengesa vatengesi vachishandisa zvigadzirwa zveBlackRock.
Retail inomiririra 11% yenguva refu yeAUM muna Zvita 31, 2021 uye 34% yenguva refu yekudyara mari yekuraira uye yekutonga muripo (pamwe chete "miripo yekutanga") uye securities inokweretesa mari ye2021. ETFs ine chikamu chakakosha chekutengesa asi inoratidzwa zvakasiyana. pazasi. Nekusabatanidzwa kweETFs, retail AUM inonyanya kuumbwa neanoshanda mutual funds. Mari yekudyidzana yakasvika madhora 841.4 bhiriyoni, kana 81%, yezvitoro zvenguva refu AUM pakupera kwegore, uye yasara yakasimwa mumari yekudyara yakazvimirira uye maakaundi anochengetedzwa zvakasiyana. 82% yezvitoro zvenguva refu AUM inoiswa muzvigadzirwa zvinoshanda.
ETFs
BlackRock ndiyo inotungamira ETF inopa pasi rose ne $3.3 tiririyoni yeAUM muna Zvita 31, 2021, uye yakagadzira rekodhi mambure ekupinda mabhiriyoni mazana matatu nemazana mashanu emadhora muna 305.5. Ruzhinji rweETF AUM uye mambure ekupinda anomiririra index-tracking yeKambani iShares-branded ETFs. Iyo Kambani inopawo nhamba yakasarudzwa yeanoshanda BlackRock-yakagadzirwa maETF ayo anotsvaga kunze kwekuita uye / kana mutsauko mhedzisiro.
Equity ETF mambure ekupinda kwemadhora mazana maviri nemakumi maviri nemazana mapfumbamwe emadhora aifambiswa nekuyerera mukati meiyo yakakosha uye yakagadzikana ETFs, pamwe nekuenderera mberi kwevatengi kushandisa kweBlackRock's wide-based precision exposure ETFs kuratidza njodzi-pamanzwiro mukati megore. Yakagadziriswa mari ETF mambure ekupinda kwemadhora 222.9 bhiriyoni akasiyana-siyana mukufumurwa, achitungamirwa nekuyerera muinflation-yakachengetedzwa, musimboti uye nemanisipala bond homwe. Multi-asset uye mamwe maETFs akapa yakabatanidzwa madhora 78.9 bhiriyoni yenet inflows, kunyanya mukugovewa kwepakati uye mari yezvigadzirwa.
ETFs inomiririra 35% yenguva refu yeAUM muna Zvita 31, 2021 uye 41% yemubhadharo wenguva refu uye zvibatiso zvinokweretesa mari ye2021.
Base revatengi rekutengesa rakasiyana-siyana munzvimbo, iine 67% yenguva refu yeAUM inotungamirwa kune vanoisa mari muAmerica, 28% muEMEA uye 5% muAsia-Pacific pakupera kwegore 2021.
• US retail refu-refu inopinda ye $ 59.7 bhiriyoni yakatungamirirwa nekuenzana uye yakagadziriswa mari inowanikwa ye $ 24.1 bhiriyoni uye $ 20.6 bhiriyoni, zvichiteerana. Equity net inflows yakatungamirwa nekuyerera mukukura kweUS, tekinoroji uye pasi rose equities franchise. Fixed mambure mambure inflows akasiyaniswa pane kufumurwa uye zvigadzirwa, nekuyerera kwakasimba mune isingadzoreki, yekanzuru uye yakazara yekudzoka mabhondi ezvipo.
Alternatives net inflows ye9.1 bhiriyoni yakafambiswa nekuyerera ichipinda muBlackRock Alternative Capital Strategies uye Global Event Driven mari. Multi-asset net inflows ye5.9 bhiriyoni yaisanganisira kuvharika kwakabudirira kweiyo $2.1 bhiriyoni BlackRock ESG Capital Allocation Trust.
Muchikamu chekutanga cha2021, BlackRock yakavhara kutorwa kweAperio, piyona mukugadzirisa mutero-akagadziridzwa index equity akaparadzaniswa akachengetwa maakaundi ("SMA"), kusimudzira hupfumi hwayo uye nekupa mhinduro-zvese-portfolio kune ekupedzisira-yakakwirira mambure akakodzera vanopa mazano. . Iko kusanganiswa kweAperio neBlackRock's iripo SMA franchise inowedzera hupamhi hwehunyanzvi hwekuita hunowanikwa kune mamaneja ehupfumi kubva kuBlackRock kuburikidza nemitero-inodzorwa nzira pazvinhu zvese, yakafara musika indexing, uye investor Environmental, Social, uye Governance ("ESG") zvaunofarira pane ese asset. zvidzidzo.
Muchikamu chechitatu chegore ra2021, BlackRock yakaita mari shoma muSpiderRock Advisors, tech-inogonesa asset maneja akatarisana nekupa hunyanzvi hwakasarudzika nzira dzekufukidza. Iyo Kambani inotarisira iyi investimendi kuti iwedzere kuwedzera chigadzirwa kugona kuAperio uye nekutsigira kuwedzera kwayo yakasarudzika SMA franchise.
• International retail retail long-term net inflows ye $42.4 billion yaitungamirirwa ne equity net inflows ye $18.0 bhiriyoni, zvichiratidza kuyerera kwakasimba mu index equity mutual funds, uye zviwanikwa zvedu uye tekinoroji inoshanda equity franchises. Pamusoro pezvo, mambure eequity mambure anoratidza madhora bhiriyoni imwe nemazana mana akasimudzwa kubva pakatangwa mubatanidzwa weBlackRock's Fund Management Company (“FMC”) neWealth Management Company (“WMC”) muChina.
Fixed mambure mambure ekupinda kwemadhora 14.3 bhiriyoni akafambiswa nekuyerera muindex yakatarwa mari mutual funds uye Asia bond mazano. Multi-asset net inflows ye6.6 bhiriyoni yakatungamirwa nekuyerera muESG uye nzira dzekugovera nyika. Alternatives mambure anopinda emadhora mazana matatu neshanu emadhora airatidza kudiwa kweBlackRock's Global Event Driven fund.
Institutional active AUM yakapera 2021 pamadhora 1.8 bhiriyoni, ichiratidza madhora zviuru zana nemakumi matanhatu nenomwe emadhora, zvichifambiswa nesimba rakawanda muzvikamu zvese zvechigadzirwa, kupihwa mari kweakawanda akakosha akakosha emukuru wekudyara mari ("OCIO") uye kuenderera mberi nekukura muLifePath® yedu yakananga-date. franchise.
Alternatives net inflows yemadhora 15.8 bhiriyoni yakatungamirwa nekupinda muchikwereti chakavanzika, zvivakwa, zvivakwa uye yakavanzika equity. Kunze kwekudzoka kwemari nekudyara kwemadhora 8.3 bhiriyoni, mamwe mambure ekupinda aive $24.1 bhiriyoni. Pamusoro pezvo, 2021 raive rimwe gore rakasimba rekutsvaga mari kune dzimwe nzira dzisina kukodzera.
Muna 2021, BlackRock yakasimudza rekodhi $42 bhiriyoni yemari yemutengi, iyo inosanganisira ese mambure ekupinda uye zvisiri-mubhadharo zvisungo zvakasimudzwa. Pakupera kwegore, BlackRock yakange iine mari inosvika mabhiriyoni makumi matatu nematanhatu emadhora emari isingabhadhare yakazvipira kuendesa kune vatengi vezvikoro, iyo isingabatanidzwe muAUM. Institutional inoshanda yaimiririra 36% yenguva refu AUM uye 19% yemari yenguva refu base mubhadharo uye zvibatiso zvinokweretesa mari ye18.
Institutional index AUM yakasvika madhora mazana matatu nemakumi matatu emadhora muna Zvita 3.2, 31, ichiratidza madhora zviuru zana nemazana masere nemazana masere emadhora ekubuda kwaisanganisira mabhiriyoni makumi mashanu nesere emadhora ekudzikinura muchikamu chechipiri. Equity net kubuda kwemadhora 2021 bhiriyoni kwakaratidzawo vatengi vachienzanisa mapotifoliyo mushure mekuwana kwakakosha kwemusika, kana kushandura zvine hungwaru midziyo kune yakatarwa mari nemari. Yakagadziriswa mari yakapinda yemadhora 117.8 bhiriyoni yakafambiswa nekudiwa kwezvikwereti zvinotungamirwa nekudyara mhinduro.
Institutional index inomiririra 35% yenguva refu yeAUM uye 7% yemari yenguva refu base mubhadharo uye zvibatiso zvinokweretesa mari ye2021.
Vatengi vekambani veKambani vane zvinotevera:
• Pension, Foundations neEndowments. BlackRock iri pakati pemamaneja makuru epasirese ezvirongwa zvepenjeni ane madhora 3.2 tiririyoni, kana 65%, yenguva refu yesangano AUM inochengeterwa kubatsirwa kwakatsanangurwa, mupiro wakatsanangurwa uye zvimwe zvirongwa zvepenjeni zve.
makambani, hurumende nemibatanidzwa muna Zvita 31, 2021. Mamiriro emusika ari kuramba achichinja kubva pakubatsirikana kuenda kune zvakatsanangurwa, uye chiteshi chedu chemupiro chinomiririra $1.4 bhiriyoni yepenjeni yakazara AUM. BlackRock inoramba yakamisikidzwa kuti iite mari mukuenderera mberi kweiyo yakatsanangurwa musika wekupa uye kudiwa kwekudyara kwakanangana nemhedzisiro.
Imwezve $96.0 bhiriyoni, kana 2%, yenguva refu yemasangano AUM yakatarisirwa kune vamwe vanoisa mutero vasingabhadhare, kusanganisira vanopa rubatsiro, hwaro uye endowments.
• Masangano Anoshanda. BlackRock yakakwanisa madhora mazana matatu nemakumi matatu nemazana mana emazana mana emadhora, kana kuti 316.4%, yenguva refu yemasangano AUM yemasangano epamutemo, anosanganisira mabhanga epakati, mari yehupfumi, supranationals, masangano emarudzi akawanda uye masangano ehurumende uye masangano pakupera kwegore ra7.
Vatengi ava vanowanzoda zano rakasarudzika rekudyara, kushandiswa kwemabhenji akagadziridzwa uye rutsigiro rwekudzidziswa.
• Zvemari uye Mamwe Masangano. BlackRock ndiye maneja wepamusoro akazvimiririra wezvivakwa zvemakambani einishuwarenzi, ayo aiita $507.8 bhiriyoni.
Midziyo inochengeterwa mamwe masangano anotereswa, anosanganisira makambani, mabhangi uye yechitatu-bato-homwe mari inotsigira iyo Kambani inopa madiki-mazano masevhisi, anosvika madhora 797.3 bhiriyoni, kana 16%, yenguva refu masangano AUM pakupera kwegore.
Zvenguva refu zvigadzirwa zvinopihwa zvinosanganisira alpha-kutsvaga inoshanda uye index mazano. Nzira dzedu dzekutsvaga alpha dzinotsvaga kuwana mibairo inoyevedza inodarika bhenji remusika kana chipingamupinyi chekuita uku tichichengetedza chimiro chenjodzi chakakodzera uye kuwedzera tsvakiridzo yakakosha uye mamodheru ekufambisa kuvaka portfolio. Kusiyana neizvi, nzira dze index dzinotsvaga kunyatso tevera kudzoka kwendekisi inoenderana, kazhinji nekudyara mune zvakati wandei zvibatiso zviri mukati meiyo index kana muchikamu chezvibatiso zvakasarudzwa kuenzanisa njodzi yakafanana uye kudzorera chimiro cheiyo index. Index mazano
sanganisira zvese zvedu zvisiri zveETF index zvigadzirwa uye maETF.
Kunyangwe vatengi vazhinji vachishandisa ese ari maviri-anotsvaga anoshingaira uye indekisi mazano, mashandisirwo eaya mazano anogona kusiyana. Semuenzaniso, vatengi vanogona kushandisa zvigadzirwa zve index kuti vawane mukana kumusika kana kirasi yeasset kana kuti vangashandisa musanganiswa wemazano ekunongedza kudzoka kunoshanda. Pamusoro pezvo, masangano asiri eETF index assignments anowanzova akakura kwazvo (multi-billion dollars) uye anowanzoratidza miripo yakaderera. Mambure anoyerera mumasangano index zvigadzirwa kazhinji ane diki mhedzisiro pamari yeBlackRock uye mihoro.
Equity Year-kupera 2021 equity AUM yakasvika madhora zviuru zvishanu nemazana matatu emadhora, ichiratidza mambure emadhora mabhiriyoni zana nemazana manomwe. Mambure ekupinda aisanganisira $5.3 bhiriyoni uye $101.7 bhiriyoni muETFs uye anoshanda, zvichiteerana, akadzikiswa zvishoma neasiri ETF index mambure akabuda emadhora zana nemakumi manomwe nenomwe. Rekodha inoshanda equity net inflows yakafambiswa nekuyerera mukukura kweUS, tekinoroji uye yepasi rose yakakosha equities franchise, pamwe nekuyerera muhuwandu hwemaitiro.
BlackRock inoshanda mubhadharo mitengo inochinja nekuda kwekuchinja kweAUM musanganiswa. Inenge hafu yeBlackRock's equity AUM yakasungirirwa kumisika yepasirese, kusanganisira misika iri kusimukira, iyo inowanzova nemitengo yakakwira kupfuura nzira dzeUS equity. Saizvozvo, kuchinjika mumisika yepasirese equity, iyo inogona kusagara ichifamba pamwe chete nemisika yeUS, ine kukanganisa kukuru pamari yeBlackRock uye chiyero chemubhadharo unoshanda.
Equity yaimiririra 58% yenguva refu yeAUM uye 54% yemari yenguva refu yekubhadharisa uye securities inokweretesa mari ye2021. Fixed mari AUM yakapera 2021 pamadhora 2.8 tiririyoni, ichiratidza mambure ekupinda mabhiriyoni emadhora mazana maviri nemakumi matatu. Net inflows yaisanganisira $230.3 bhiriyoni, $94.0 bhiriyoni uye $78.9 bhiriyoni mukushanda, ETFs uye isiri-ETF index, zvichiteerana. Rekodha inoshanda yakagadziriswa mari inowanikwa yemadhora 57.4 bhiriyoni yakaratidza kutsigirwa kweiyo yakakosha mari inotarwa muchikamu chechina, pamwe nekuyerera kwakasimba kune isina kumanikidzwa, kanzuru, yakazara kudzoka uye Asia bond zvinopihwa.
Mari yakagadziriswa inomiririra 30% yenguva refu yeAUM uye 26% yemari yenguva refu yekutanga uye zvibatiso zvinokweretesa mari ye2021.
Multi-Asset
BlackRock inobata dzakasiyana siyana-akawanda-asset yakaenzana mari uye bespoke mirairo yevakasiyana vatengi base iyo inokwidziridza hunyanzvi hwedu hwekudyara mune zvepasirese equities, mabhondi, mari uye zvigadzirwa, uye yedu yakakura manejimendi ekugadzirisa njodzi. Mhinduro dzekudyara dzinogona kusanganisira musanganiswa wemapotifoliyo akareba-chete uye kumwe kuisirwa mari pamwe chete nehunyanzvi hwekugovera asset overlays.
Multi-asset inomiririra 9% yenguva refu AUM uye 10% yemubhadharo wenguva refu uye zvibatiso zvinokweretesa mari ye2021.
Multi-asset net inflows yakaratidza kuenderera mberi kwemasangano kudiwa kwezano redu remhinduro nemadhora 83.0 bhiriyoni emambure ekupinda anobva kuvatengi vemasangano. Zvirongwa zvemupiro zvakatsanangurwa zvevatengi vemasangano zvakaramba zviri mutyairi akakosha wekuyerera uye zvakapa madhora 53.5 bhiriyoni kune masangano akawanda-asset mambure anopinda muna 2021, kunyanya muzuva ravakatariswa uye chinangwa chengozi chigadzirwa chinopihwa.
Matanho eKambani akawanda-asset anosanganisira anotevera:
• Zuva rakatarwa uye zvigadzirwa zvine njodzi zvakaburitsa mambure emadhora 30.5 bhiriyoni. Vanoisa mari muInstitutional vakamiririra 90% yezuva ravakatariswa uye njodzi yeAUM, ine zvirongwa zvakatsanangurwa zvemipiro zvinomiririra 84% yeAUM. Kuyerera kwakafambiswa nemupiro wakatsanangurwa
mari mune yedu LifePath zvinopihwa. LifePath zvigadzirwa zvinoshandisa proprietary active asset allocation overlay modhi iyo inotsvaga kuenzanisa njodzi uye kudzoka pamusoro peinvestigation horizon zvichienderana nenguva inotarisirwa yemudyandigere pamudyandigere. Underlying investments
zvinonyanya zvigadzirwa zve index.
• Kugoverwa kweasset uye zvigadzirwa zvakaenzana zvakagadzira $37.2 bhiriyoni yenet inflows. Aya marongero anosanganisa kuenzana, mari yakadzikwa uye zvimwe zvikamu zvevanoisa mari vachitsvaga mhinduro yakarongeka maererano nebhenji uye mukati mebhajeti renjodzi. In
zvimwe zviitiko, nzira idzi dzinotsvaga kudzikisira njodzi yepasi kuburikidza nekusiyana-siyana, maitiro ezvinobvamo uye tactical asset kugovera sarudzo.
Zvigadzirwa zveFlagship zvinosanganisira yedu Global Allocation uye Multi-Asset Income homwe mhuri.
• Fiduciary manejimendi masevhisi mabasa akaoma kunzwisisa umo vatsigiri vechirongwa chepenjeni kana maendowments nemafandesheni vanochengeta BlackRock kuti itore mutoro kune zvimwe kana zvikamu zvese zvekutonga kwekudyara, kazhinji BlackRock ichiita semukuru wekudyara mari. Aya masevhisi akagadziridzwa anoda kudyidzana kwakasimba nevatengi vevashandi vekudyara uye matirastii kuitira kuti vagadzirise nzira dzekudyara kuti vasangane nevatengi-chaiyo bhajeti renjodzi uye zvinangwa zvekudzoka. Fiduciary net inflows yemadhora 30.1 bhiriyoni yakaratidza mari yeakawanda akakosha OCIO mandates.
Alternatives
BlackRock dzimwe nzira dzinotarisa pakutsvaga uye kutonga kwepamusoro-alpha investments ine yakaderera kuwirirana kumisika yeruzhinji uye kugadzira nzira yakazara yekugadzirisa zvinodiwa nevatengi mune dzimwe nzira dzekudyara.
Iyo kambani inotsiva zvigadzirwa inowira mumapoka matatu makuru - 1) illiquid dzimwe nzira, 2) liquid dzimwe nzira, uye 3) mari uye zvigadzirwa. Illiquid dzimwe nzira dzinosanganisira zvinopihwa mune dzimwe mhinduro, yakavanzika equity, mukana uye chikwereti, real estate uye zvivakwa. Liquid dzimwe nzira dzinosanganisira zvinopihwa mune yakananga hedge mari uye hedge fund mhinduro (mari yemari).
Muna 2021, dzimwe nzira dzemvura uye dzisina kusimba dzakaburitsa mabhiriyoni makumi maviri nenomwe emadhora emambure ekupinda, kana mabhiriyoni makumi matatu nematanhatu emadhora asingasanganisire kudzoka kwemari / kudyara kwemadhora mazana mapfumbamwe nemakumi mapfumbamwe emadhora. Vaya vakanyanya kupa mari pakudzoka kwemari/investment vaive mukana uye marongero echikwereti, equity equity mhinduro uye zvivakwa. Mambure ekupinda aifambiswa neakananga hedge mari, yakavanzika equity, zvivakwa uye mukana uye kiredhiti nzira.
Pakupera kwegore, BlackRock yakanga ine inenge madhora 36 mabhiriyoni emari isingabhadhare, isina mari, zvipikirwa zvisina kubhadharwa, izvo zvinotarisirwa kuendeswa mumakore anotevera; zvisungo izvi hazvina kuisirwa muAUM kana kuyerera kusvika zvave kubhadhara muripo. Mari uye zvigadzirwa zvakaona $1.6 bhiriyoni yenet inflows, kunyanya muzvigadzirwa zveETF.
BlackRock inotenda kuti sezvo dzimwe nzira dzichiwedzera kujairika uye vanoisa mari vachigadzirisa nzira dzavo dzekugovera midziyo, vanoisa mari vanozowedzera mashandisiro avo emamwe mabhindauko ekuzadzisa mabatiro akakosha. BlackRock's yakanyanya kusiyanisa dzimwe nzira franchise yakanyatso kurongeka kuti ienderere mberi nekuzadzisa kudiwa kuri kukura kubva kune vese vemasangano nevatengesi vezvitoro. Dzimwe nzira dzaimiririra 3% yenguva refu yeAUM uye 10% yemubhadharo wenguva refu uye zvibatiso zvinokweretesa mari
2021.
Illiquid Alternatives
Mazano eIlliquid eKambani anosanganisira anotevera:
• Alternative Solutions inomiririra zvikuru customized portfolios mamwe mari. Muna 2021, mamwe mapotifolio emhinduro aive nemadhora mazana matanhatu emabhiriyoni emadhora muAUM, uye madhora bhiriyoni gumi nemazana mana emari.
• Private Equity uye Opportunistic yaisanganisira AUM ye$19.4 bhiriyoni mumagadziro ega equity, $19.3 bhiriyoni mune mukana uye zvikwereti zvinopihwa, uye madhora bhiriyoni 3.5 muLong Term Private Capital (“LTPC”). Net inflows ye9.1 bhiriyoni mune yakavanzika equity uye ine mukana mazano aisanganisira madhora 6.3 bhiriyoni yenet inflows mune mukana uye kiredhiti zvinopihwa uye $2.8 bhiriyoni yemambure ekupinda mune yakavanzika equity mhinduro.
• Real Assets, iyo inosanganisira zvivakoti uye zvivakwa, zvakasvika madhora mabhiriyoni 54.4 muAUM, zvichiratidza mambure emadhora 5.7 bhiriyoni, inotungamirirwa nehupfumi hwekugadzirisa uye kushandiswa.
Liquid Alternatives
Iyo Company's liquid alternatives zvigadzirwa 'net inflows yemadhora 11.3 bhiriyoni yairatidza mambure emadhora mabhiriyoni gumi nemazana matatu emadhora uye madhora bhiriyoni gumi. Direct hedge fund mazano anosanganisira akasiyana-siyana-uye akawanda-maitiro ekupa.
Pamusoro pezvo, Kambani inobata $103.9 bhiriyoni mune yemvura kiredhiti nzira inosanganisirwa mune inoshanda yakagadziriswa mari.
Mari uye Commodities
Mari yeKambani uye zvigadzirwa zvezvigadzirwa zvinosanganisira huwandu hwezvinhu zvinoshanda uye index zvigadzirwa. Mari uye zvigadzirwa zvezvigadzirwa zvaive nemadhora 1.6 bhiriyoni ekupinda mukati, ainyanya kufambiswa neETFs. ETF commodities products inomiririra madhora 65.6 bhiriyoni eAUM uye haikodzeri kubhadhariswa mari yekushanda.
Cash Management
Cash management AUM yakasvika madhora mazana manomwe nemakumi mashanu neshanu emadhora muna Zvita 755.1, 31, ichiratidza rekodhi $2021 bhiriyoni yemambure ekupinda. Zvigadzirwa zvekutarisira mari zvinosanganisira mari inobhadhariswa uye isingabhadharwe mutero yemari yemusika, mari yenguva pfupi yekudyara uye akagadziridzwa akasiyana maakaundi. Mapotfolio akaiswa mumadhora ekuAmerica, madhora ekuCanada, madhora ekuAustralia, maEuro, maSwiss Francs, New Zealand Dollars kana maBritish pound. Kukura kwakasimba mukutonga kwemari kunoratidza budiriro yeBlackRock mukusimudzira chiyero chevatengi uye kuendesa hunyanzvi hwekugovera dhijitari uye mhinduro dzenjodzi.
BlackRock parizvino iri kuregera nekuzvidira chikamu chemubhadharo wekutonga pane imwe mari yemusika wemari kuti ive nechokwadi chekuti vanochengetedza hushoma hwemari yezuva nezuva yekudyara. Muna 2021, kuregererwa uku kwakakonzera kudzikiswa kwemubhadharo wekutonga wemadhora mazana mashanu emamiriyoni, izvo zvakaderedzwa zvishoma nekudzikiswa kweBlackRock yekugovera uye sevhisi mutengo wakabhadharwa kune vanopindirana nemari. BlackRock yakapa yekuzvidira goho rutsigiro waivers munguva dzakapfuura uye inogona kuwedzera kana kudzikisa mwero wekuregera kwegoho rekutsigira munguva dzinouya. Kuti uwane rumwe ruzivo ona Cherechedzo 500, Yakakosha Accounting Mitemo, mumanotsi ezvinyorwa zvakabatanidzwa zvemari zvinosanganisirwa muChikamu II, Chinhu 8 chefaira rino.
