BlackRock, Inc. ke feme e etelletseng pele ea tsamaiso ea matsete e rekisoang phatlalatsa ka $10.01 trillion ea thepa tlasa botsamaisi (“AUM”) ka la 31 Tšitoe, 2021. Ka ba ka bang 18,400 basebetsi ba Linaheng tse fetang 30 tse sebeletsang bareki linaheng tse fetang 100 lefatšeng ka bophara, BlackRock e fana ka mefuta e mengata e fapaneng ea tsamaiso ea matsete le lits'ebeletso tsa mahlale ho litsi le lits'ebeletso. thekiso bareki lefatšeng ka bophara.
Sethala se fapaneng sa BlackRock sa ho batla li-alpha, index le matsete a tsamaiso ea chelete ho pholletsa le lihlopha tsa thepa li thusa Khampani ho hlophisa sephetho sa matsete le tharollo ea kabo ea thepa bakeng sa bareki. Linyehelo tsa lihlahisoa li kenyelletsa li-portfolio tsa thepa e le 'ngoe le tse ngata tse tsetelang ho li-equities, lekeno le tsitsitseng, mekhoa e meng le lisebelisoa tsa mmaraka oa chelete. Lihlahisoa li fanoa
ka ho toba le ka baemeli ba likoloi tse fapa-fapaneng, ho kenyeletsoa lichelete tse kopanetsoeng le tse koetsoeng, iShares® le BlackRock exchange-traded funds ("ETFs"), litlaleho tse arohaneng, lichelete tse kopanetsoeng tsa trust le likoloi tse ling tse kopanetsoeng tsa lichelete.
Tlaleho ea likarolo tsa BlackRock Inc
BlackRock e boetse e fana ka lits'ebeletso tsa theknoloji, ho kenyelletsa le sethala sa matsete le taolo ea likotsi, Aladdin®, Aladdin Wealth, eFront, le Cachematrix, hammoho le lits'ebeletso tsa boeletsi le tharollo ea motheo o pharaletseng oa bareki ba tsamaiso le maruo. Khampani e laoloa haholo 'me e laola thepa ea bareki ba eona joalo ka boits'oaro.
BlackRock e sebeletsa motsoako o fapaneng oa bareki ba litsi le mabenkele lefatšeng ka bophara. Bareki ba kenyeletsa mekhatlo e sa lefisoeng lekhetho, joalo ka meralo ea penshene e hlalositsoeng, mekhatlo ea lithuso, metheo le li-endowments; litsi tsa semmuso, joalo ka bohareng dibanka, lichelete tsa boipuso, li-supranational le mekhatlo e meng ea 'muso; litsi tse lefisoang lekhetho, ho kenyeletsoa lik'hamphani tsa inshorense, litsi tsa lichelete, likoporasi le batšehetsi ba letlole la mokha oa boraro, le bakena-lipakeng ba mabenkele.
BlackRock e boloka khoebo e kholo ea lefats'e ka bophara le boteng ba ho bapatsa e tsepamisitseng maikutlo ho theheng le ho boloka taolo ea matsete a mabenkele le ea mekhatlo le likamano tsa litšebeletso tsa theknoloji ka ho bapatsa lits'ebeletso tsa eona ho batseteli ka kotloloho le ka likamano tsa kabo ea mokha oa boraro, ho kenyeletsoa litsebi tsa lichelete le baeletsi ba penshene.
BlackRock ke k'hamphani e ikemetseng, e rekisoang phatlalatsa, e se nang kabelo e le 'ngoe le ho feta 85% ea Boto ea eona ea Batsamaisi e nang le batsamaisi ba ikemetseng.
Tsamaiso e batla ho fana ka boleng ho beng ba li-stock ha nako e ntse e feta, har'a lintho tse ling, e sebelisa maemo a fapaneng a tlholisano a BlackRock, ho kenyelletsa:
• Tsepamiso ea maikutlo ea Khampani ho ts'ebetso e matla e fanang ka alpha bakeng sa lihlahisoa tse sebetsang le phoso e fokolang kapa e sa lateleng ea lihlahisoa tsa index;
• Phihlello ea Khampani lefatšeng ka bophara le boitlamo ba mekhoa e metle lefatšeng ka bophara, ka hoo e ka bang 50% ea basebetsi ba kantle ho United States ba sebeletsang bareki sebakeng sa heno le ho tšehetsa bokhoni ba matsete a lehae. Hoo e ka bang 40% ea kakaretso ea AUM e laoloa bakeng sa bareki ba lulang kantle ho United States;
• Katoloso ea maano a matsete a Khampani, ho kenyeletsoa le index ea mebaraka, lintlha, tšebetso e hlophisehileng, ea khale e sebetsang, e nang le kholiseho e phahameng ea alpha le lihlahisoa tse ling tse seng molaong, tse ntlafatsang bokhoni ba eona ba ho lokisa litharollo tsa matsete a felletseng ho sebetsana le litlhoko tse khethehileng tsa bareki;
• Likamano tse fapaneng tsa bareki ba Khampani le tsepamo ea boits'epo, tse lumellang hore boemo bo be boemong ba ho fetola litlhoko tsa bareki le mekhoa e mengata e kenyelletsang phetoho ea lefatše ho ea ho index ea matsete le li-ETF, likabelo tse ntseng li eketseha ho limmaraka tsa poraefete, tlhokeho ea maano a sebetsang hantle, tlhokeho e ntseng e eketseha ea matsete a tsitsitseng. maano le litharollo tsa potefolio kaofela ho sebelisoa lihlahisoa tsa index, tse sebetsang le tse illiquid; le ho tsepamisa maikutlo ho tsoelang pele cheleteng le ho tlohela mosebetsi; le
• Boitlamo ba nako e telele ba Khampani mabapi le popontshwa, ditshebeletso tsa thekenoloji le ntshetsopele e tswelang pele ya, le thahasello e ntseng e eketseha ho dihlahiswa le ditharollo tsa thekenoloji ya BlackRock, ho kenyeletswa Aladdin, Aladdin Wealth, eFront, Aladdin Climate, le Cachematrix. Boitlamo bona bo atolosoa hape ke matsete a fokolang a mahlale a kabo, data le bokhoni bo felletseng ba potefolio ho kenyeletsoa Envestnet, Scalable Capital, iCapital, Acorns, le Clarity AI.
BlackRock e sebetsa 'marakeng oa lefats'e o anngoeng ke ho fetoha ha matla a' maraka le ho se tsitse ha moruo, lintlha tse ka amang meputso le ho khutla ha setoko ka nako efe kapa efe.
Bokhoni ba Khampani ba ho eketsa lekeno, meputso le boleng ba beng ba thepa ha nako e ntse e ea bo ipapisitse le bokhoni ba eona ba ho hlahisa khoebo e ncha, ho kenyeletsoa khoebo ea Aladdin le lihlahisoa le litšebeletso tse ling tsa theknoloji. Boiteko bo bocha ba khoebo bo ipapisitse le bokhoni ba BlackRock ba ho fihlela sepheo sa matsete a bareki, ka mokhoa o lumellanang le khetho ea bona ea kotsi, ho fana ka litšebeletso tse ntle tsa bareki le ho qapa theknoloji ho sebeletsa litlhoko tse tsoelang pele tsa bareki.
Boiteko bona kaofela bo hloka boitlamo le tlatsetso ea basebetsi ba BlackRock. Ka hona, bokhoni ba ho hohela, ho nts'etsapele le ho boloka litsebi tse nang le talenta li bohlokoa molemong oa katleho ea nako e telele ea Khampani
AUM e emetse letoto le pharalletseng la matlotlo a laolwang bakeng sa bareki ka boikgethelo ho latela taolo ya matsete le ditumellano tsa trust tse lebeletsweng ho tswelapele bonyane dikgwedi tse 12. Ka kakaretso, AUM e tlalehiloeng e bontša mokhoa oa ho beha boleng o tsamaellanang le motheo o sebelisoang bakeng sa ho fumana chelete e kenang (mohlala, boleng ba thepa kaofela). AUM e tlalehilweng ha e kenyeletse matlotlo ao BlackRock e fanang ka ona taolo ya kotsi kapa mefuta e meng ya dikeletso tsa boikgethelo, kapa matlotlo ao Khamphani e boloketsweng ho a laola ka nako e kgutshwane, ya nakwana.
Litefiso tsa taolo ea matsete hangata li fumanoa e le liperesente tsa AUM. BlackRock e boetse e fumana litefiso tsa ts'ebetso ho li-portfolio tse itseng tse amanang le boemo boo ho lumellanoeng ka bona kapa bothata ba ho khutla. Lihlahisoang tse ling, Khampani le eona e ka fumana lekeno la likalimo tsa li-securities. Ho feta moo, BlackRock e fana ka sistimi ea eona ea matsete ea Aladdin hammoho le taolo ea likotsi, ho fana ka litšebeletso kantle ho naha, boeletsi le lits'ebeletso tse ling tsa thekenoloji, ho batseteli ba mekhatlo le baemeli ba taolo ea leruo.
Chelete ea lits'ebeletso tsena e ka ipapisa le mekhoa e mengata e kenyelletsang boleng ba maemo, palo ea basebelisi, ts'ebetso ea ts'ebetso le ts'ehetso ea tharollo ea software.
Ka la 31 Tšitoe 2021, kakaretso ea AUM e ne e le $10.01 trillion, e emetse CAGR ea 14% lilemong tse hlano tse fetileng. Khōlo ea AUM nakong eo e ile ea fihleloa ka ho kopanya phaello ea boleng ba 'maraka, chelete e kenang le e fumanoeng, ho kenyeletsoa le First Reserve Transaction, e ekelitseng $ 3.3 bilione ea AUM ka 2017, phello ea AUM e tsoang ho TCP Transaction, Citibanamex Transaction, Aegon Transaction le DSP Transaction, e ekelitseng $ 27.5 bilione ea AUM ka 2018, le Aperio Transaction, e ekelitseng $ 41.3 bilione ea AUM ka Hlakola 2021.
MOEKETSI MOFUTA
BlackRock e sebeletsa motsoako o fapaneng oa bareki ba litsi le mabenkele lefatšeng ka bophara, ka mofuta oa khoebo o shebaneng le tikoloho. BlackRock e phahamisa melemo ea tekanyo holima matsete a lefats'e, kotsi le theknoloji ha ka nako e ts'oanang e sebelisa boteng ba kabo ea lehae ho fana ka tharollo bakeng sa bareki. Ho feta moo, sebopeho sa rona se thusa tšebelisano e matla lefatšeng ka bophara ho pholletsa le mesebetsi le libaka e le ho matlafatsa bokhoni ba rona ba ho sebelisa mekhoa e metle ea ho sebeletsa bareki ba rona le ho tsoela pele ho nts'etsapele.
talenta ea rona.
Bareki ba kenyeletsa mekhatlo e sa lefisoeng lekhetho, joalo ka meralo ea penshene e hlalositsoeng, mekhatlo ea lithuso, metheo le li-endowments; litsi tsa semmuso, joalo ka libanka tse bohareng, lichelete tsa boipuso, li-supranational le mekhatlo e meng ea mmuso; litsi tse lefisoang lekhetho, ho kenyeletsoa lik'hamphani tsa inshorense, litsi tsa lichelete, likoporasi le batšehetsi ba letlole la mokha oa boraro, le bakena-lipakeng ba mabenkele.
Li-ETF ke karolo e ntseng e hola ea li-portfolio tsa bareki ba mekhatlo le ba mabenkele. Leha ho le joalo, ha li-ETF li rekisoa ka phapanyetsano, pepeneneng e felletseng ho moreki oa ho qetela ha e fumanehe. Ka hona, li-ETF li hlahisoa e le mofuta o ikhethileng oa bareki ka tlase, ka matsete ho li-ETF ke litsi le bareki ba mabenkele a sa kenyellelitsoeng lipalo le lipuisano likarolong tsa bona.
Thekiso
BlackRock e sebeletsa batseteli ba mabenkele lefatšeng ka bophara ka mefuta e mengata ea likoloi ho pholletsa le matsete a matsete, ho kenyeletsoa liakhaonto tse arohaneng, lichelete tse bulehileng le tse koetsoeng, li-unit trust le lichelete tsa matsete a poraefete. Batseteli ba mabenkele ba sebeletsoa haholo ke bakena-lipakeng, ho kenyeletsoa barekisi ba libanka, libanka, lik'hamphani tsa trust, lik'hamphani tsa inshorense le baeletsi ba ikemetseng ba lichelete.
Litharollo tsa thekenoloji, lisebelisoa tsa kabo ea dijithale le phetoho e lebisang kahong ea li-portfolio li eketsa palo ea baeletsi ba lichelete le bo-ramatsete ba ho qetela ba sebelisang lihlahisoa tsa BlackRock.
Mabenkele a emetse 11% ea AUM ea nako e telele ka la 31 Tšitoe 2021 le 34% ea litefiso tsa nako e telele tsa boeletsi le tsamaiso ea matsete (ka kakaretso "litefiso tsa motheo") le lekeno la likalimo tsa li-securities bakeng sa 2021. Li-ETF li na le karolo ea bohlokoa ea thekiso empa li bontšoa ka thoko. ka tlase. Ntle le li-ETFs, AUM ea mabenkele e na le lichelete tse kopanetsoeng tse sebetsang. Lichelete tse kopanetsoeng li fihletse $841.4 bilione, kapa 81%, ea thekiso ea nako e telele ea AUM qetellong ea selemo, 'me karolo e setseng e tsetelitsoe licheleteng tsa matsete a poraefete le liakhaonto tse laoloang ka thoko. 82% ea thekiso ea nako e telele ea AUM e tseteloa lihlahisoa tse sebetsang.
ETFs
BlackRock ke mofani ea ka sehloohong oa ETF lefatšeng ka $3.3 trilione ea AUM ka la 31 Tšitoe, 2021, 'me e hlahisitse chelete e kenang ea $305.5 bilione ka 2021. Boholo ba ETF AUM le chelete e kenang e emela index-tracking index ea Company iShares-branded ETFs. Khampani e boetse e fana ka palo e khethiloeng ea li-ETF tse sebetsang ka lebitso la BlackRock tse batlang ho se sebetse hantle le/kapa liphetho tse fapaneng.
Chelete e kenang ea Equity ETF ea liranta tse libilione tse 222.9 e tsamaisitsoe ke phallo ho li-ETF tsa mantlha le tse tšoarellang, hammoho le ts'ebeliso e tsoelang pele ea bareki ea BlackRock e pharaletseng e ipapisitseng le ts'ebeliso e hlakileng ea li-ETF ho hlahisa maikutlo a kotsi nakong ea selemo. Chelete e kenang e tsitsitseng ea ETF ea liranta tse limilione tse likete tse 78.9 e ile ea fapanyetsana ho pholletsa le ts'oaetso, e etelletsoe pele ke phallo ho lichelete tsa bonto tse sirelelitsoeng ke inflation, tsa mantlha le tsa masepala. Li-ETF tse nang le matlotlo a mangata le tse ling li kentse letsoho ka chelete e kopaneng ea $3.8 bilione, haholo-holo kabong ea mantlha le licheleteng tsa thepa.
Li-ETF li emetse 35% ea AUM ea nako e telele ka la 31 Tšitoe 2021 le 41% ea litefiso tsa nako e telele tsa motheo le lekeno la likalimo tsa 2021.
Setsi sa bareki ba mabenkele se fapane ho ea ka libaka, 'me 67% ea AUM ea nako e telele e laoloa ke batseteli ba Amerika, 28% ho EMEA le 5% Asia-Pacific qetellong ea selemo sa 2021.
• Lichelete tse kenang ka nako e telele tsa US tsa $ 59.7 limilione tse likete li ne li etelletsoe pele ke tekano le chelete e kenang e tsitsitseng ea $ 24.1 limilione tse likete le $ 20.6 limilione tse likete ka ho latellana. Lichelete tsa Equity net li ne li etelletsoe pele ke phallo ea kholo ea US, theknoloji le li-franchise tsa lefats'e tsa equities. Chelete e kenang e sa fetoheng ea chelete e kenang e ile ea fapana ho ea ka lihlahisoa le lihlahisoa, 'me ho na le phallo e matla ho fana ka bonto e sa lekanyetsoang, ea masepala le kakaretso ea li-bond.
Mekhoa e meng ea chelete e kenang ea $ 9.1 bilione e tsamaisitsoe ke phallo ho BlackRock Alternative Capital Strategies le lichelete tsa Global Event Driven. Matlotlo a mangata a kenang a $5.9 bilione a kenyelelitse ho koaloa ho atlehileng ha $2.1 bilione ea BlackRock ESG Capital Allocation Trust.
Karolong ea pele ea 2021, BlackRock e ile ea koala ho nkuoa ha Aperio, pula-maliboho ea ho hlophisa li-account tse laoloang ka thoko ("SMA"), ho ntlafatsa sethala sa eona sa leruo le ho fana ka litharollo tsa potefolio ho baeletsi ba boleng bo holimo. . Motsoako oa Aperio le BlackRock's SMA franchise e ntseng e le teng ea BlackRock e eketsa bophara ba bokhoni ba botho bo fumanehang ho baokameli ba leruo ba tsoang BlackRock ka maano a laoloang ke lekhetho ho latela lintlha, indexing e pharalletseng ea mebaraka, le likhetho tsa bo-ramatsete tsa Tikoloho, Sechaba le Puso ("ESG") ho thepa eohle. lihlopha.
Karolong ea boraro ea 2021, BlackRock e ile ea etsa matsete a fokolang ho SpiderRock Advisors, molaoli oa thepa ea nolofalitsoeng ke theknoloji ea tsepamisitseng maikutlo ho faneng ka maano a holim'a khetho a laoloang ke boitsebi. Khamphani e lebelletse hore letsete lena le tla eketsa bokhoni ba sehlahisoa ho Aperio le ho ts'ehetsa katoloso ea franchise ea eona ea SMA.
• Lichelete tsa machaba tsa thekiso ea nako e telele tsa liranta tse libilione tse 42.4 li ne li etelletsoe pele ke chelete e kenang ea chelete e kenang ea $ 18.0 bilione, e bonts'ang phallo e matla ho index equity mutual funds, le lisebelisoa tsa rona tsa tlhaho le thekenoloji e sebetsang ea equity franchise. Ho feta moo, chelete e kenang ea tekano e bonts'itse $1.4 bilione e hlahisitsoeng ho tloha ha ho ne ho thakholoa khoebo e kopanetsoeng ea BlackRock's Fund Management Company (“FMC”) le Wealth Management Company (“WMC”) naheng ea Chaena.
Chelete e kenang e sa fetoheng ea chelete e kenang ea $ 14.3 bilione e tsamaisitsoe ke phallo ea lichelete tse kopaneng tsa chelete le maano a Asia bond. Lichelete tse ngata tsa thepa e ngata ea liranta tse libilione tse 6.6 li tsamaisitsoe ke phallo ho ESG le maano a kabo ea lefatše. Mekhoa e meng e kenang ea $3.5 bilione e bonts'itse tlhokahalo ea letlole la BlackRock's Global Event Driven.
Institutional active AUM e qetile 2021 ka $1.8 trillion, e bonts'a chelete e kenang ea $ 169.1 bilione, e susumetsoang ke matla a pharalletseng likarolong tsohle tsa lihlahisoa, lithuso tsa lichelete tsa liofisiri tse kholo tsa matsete a tsoang kantle ho naha ("OCIO") le kholo e tsoelang pele molemong oa bophelo ba rona ba LifePath®. franchise.
Mekhoa e meng ea chelete e kenang ea liranta tse libilione tse 15.8 e ne e etelletsoe pele ke ho kena ka har'a mekoloto ea poraefete, meaho, meaho le tekano ea poraefete. Ntle le ho khutlisa chelete le matsete a lidolara tse limilione tse likete tse 8.3, mekhoa e meng e kenang e ne e le $ 24.1 bilione. Ntle le moo, 2021 e ne e le selemo se seng se matla sa ho bokella chelete bakeng sa mekhoa e meng e seng molaong.
Ka 2021, BlackRock e ile ea phahamisa rekoto ea $42 bilione ea chelete ea bareki, e kenyelletsang chelete eohle e kenang le boitlamo bo sa lefelleng tefo bo phahamisitsoeng. Qetellong ea selemo, BlackRock e ne e e-na le chelete e ka bang $36 bilione ea chelete e ikemiselitseng ho e sebelisa bakeng sa bareki ba mekhatlo, e sa kenyelletsoeng AUM. Setheo se sebetsang se emetse 19% ea AUM ea nako e telele le 18% ea litefiso tsa nako e telele tsa motheo le lekeno la likalimo tsa lisecurity bakeng sa 2021.
Institutional index AUM e entse kakaretso ea $3.2 trillion ka la 31 Tšitoe, 2021, e bonts'ang $117.8 billion ea chelete e tsoang e kenyellelitseng topollo ea litefiso tse tlase tsa $ 58 billion kotareng ea bobeli. Equity net outflow ea $169.3 billion e boetse e bonts'itse bareki ba ntse ba leka-lekanya li-portfolio ka mor'a phaello e kholo ea 'maraka oa equity, kapa ka bohlale ho fetisetsa thepa ho chelete e tsitsitseng le chelete. Chelete e kenang e tsitsitseng ea $ 52.4 bilione e tsamaisitsoe ke tlhoko ea tharollo ea matsete e tsamaisoang ke mekoloto.
Lenane la setheo le emetse 35% ea AUM ea nako e telele le 7% ea litefiso tsa nako e telele tsa motheo le lekeno la likalimo tsa 2021.
Basebelisi ba Khampani ba na le tse latelang:
• Lipenchene, Metheo le Likhau. BlackRock ke e mong oa batsamaisi ba kholo ka ho fetisisa lefatšeng ba thepa ea penshene e nang le $3.2 trillion, kapa 65%, ea AUM ea nako e telele ea setheo e laoloang molemong o hlalositsoeng, tlatsetso e hlalositsoeng le merero e meng ea penshene bakeng sa
likoporasi, mebuso le mekhatlo ea basebetsi ka la 31 Tšitoe, 2021. Boemo ba 'maraka bo ntse bo tsoela pele ho tloha ho melemo e hlalositsoeng ho ea ho tlatsetso e hlalositsoeng, 'me mocha oa rona o hlalositsoeng o emetse $1.4 trilione ea kakaretso ea penshene ea AUM. BlackRock e ntse e le maemong a matle a ho rua molemo ntlafatsong e tsoelang pele ea 'maraka oa tlatsetso o hlalositsoeng le tlhoko ea matsete a itšetlehileng ka sephetho.
Libilione tse ling tsa $96.0, kapa 2%, ea AUM ea nako e telele ea setsi e ne e laoloa bakeng sa batseteli ba bang ba sa lefisoeng lekhetho, ho kenyeletsoa mekhatlo ea liphallelo, metheo le lithuso.
• Mekhatlo ea Semmuso. BlackRock e tsamaisitse $316.4 bilione, kapa 7%, ea AUM ea nako e telele ea setheo bakeng sa litsi tsa semmuso, ho kenyeletsoa libanka tse bohareng, lichelete tsa maruo a ikemetseng, li-supranationals, mekhatlo ea linaha tse ngata le makala le makala a mmuso qetellong ea selemo sa 2021.
Hangata bareki bana ba hloka likeletso tse khethehileng tsa matsete, tšebeliso ea litekanyetso tse ikhethileng le tšehetso ea koetliso.
• Litsi tsa lichelete le tse ling. BlackRock ke molaoli ea phahameng ea ikemetseng oa thepa bakeng sa lik'hamphani tsa inshorense, tse neng li nka $ 507.8 limilione tse likete.
Thepa e laoloang bakeng sa litsi tse ling tse khafisoang, ho kenyeletsoa likoporasi, libanka le batšehetsi ba letlole la mokha oa boraro tseo Khampani e fanang ka lits'ebeletso tsa boeletsi ho tsona, li entse kakaretso ea lidolara tse libilione tse 797.3, kapa 16%, ea AUM ea nako e telele ea setsi qetellong ea selemo.
Linyehelo tsa nako e telele tsa lihlahisoa li kenyelletsa mekhoa e sebetsang ea ho batla alpha le index. Maano a rona a ho batla alpha a batla ho fumana meputso e khahlang ho feta tekanyo ea 'maraka kapa bothata ba ts'ebetso ha re ntse re boloka boemo bo nepahetseng ba kotsi le ho matlafatsa lipatlisiso tsa mantlha le mefuta e mengata ho tsamaisa kaho ea potefolio. Ka lehlakoreng le leng, maano a li-index a batla ho sala morao lipoelo tsa index e tsamaellanang le eona, hangata ka ho tsetela ho li-securities tse tšoanang ka har'a index kapa ka karoloana ea li-securities tse khethiloeng ho lekanya kotsi e ts'oanang le ho khutlisa boemo ba index. Maano a index
kenyeletsa lihlahisoa tsa rona tse seng tsa ETF le li-ETF.
Leha bareki ba bangata ba sebelisa maano a sebetsang a ho batla alpha le index, ts'ebeliso ea maano ana e ka fapana. Ka mohlala, bareki ba ka sebelisa lihlahisoa tsa index ho fumana monyetla oa ho ba le 'maraka kapa sehlopha sa thepa kapa ba ka sebelisa mekhoa e mengata ea li-index ho shebana le meputso e sebetsang. Ho feta moo, likabelo tsa mekhatlo tseo e seng tsa ETF li atisa ho ba kholo haholo (lidolara tse limilione tse likete) 'me hangata li bontša litefiso tse tlaase. Chelete e phallang ka har'a lihlahisoa tsa index ea mekhatlo hangata e na le tšusumetso e nyane ho lekeno le meputso ea BlackRock.
Equity Qetellong ea Selemo sa 2021 equity AUM e kentse kakaretso ea $5.3 trillion, e bonts'ang chelete e kenang ea $101.7 billion. Chelete e kenang e kenyelelitse $222.9 bilione le $48.8 bilione ho li-ETF 'me e sebetsang, ka ho latellana, e fokolitsoe ka mokhoa o itseng ke li-index tsa bao e seng tsa ETF tsa $170.0 bilione. Rekota chelete e kenang ea chelete e kenang e tsamaisitsoe ke phallo ea kholo ea US, thekenoloji le li-franchise tsa mantlha tsa lefats'e, hammoho le phallo ea maano a bongata.
Litefiso tse sebetsang tsa BlackRock lia feto-fetoha ka lebaka la liphetoho motsoakong oa AUM. Hoo e ka bang halofo ea AUM ea BlackRock e hokahane le limmaraka tsa machaba, ho kenyeletsoa le limmaraka tse ntseng li hlaha, tse atisang ho ba le litefiso tse phahameng ho feta maano a US. Ka hona, ho feto-fetoha ha maemo mebarakeng ea tekano ea machaba, e ka 'nang ea se ke ea lula e tsamaisana le limmaraka tsa US, ho na le tšusumetso e kholo ho lekeno la tekano ea BlackRock le sekhahla sa litefiso tse sebetsang.
Equity e emetse 58% ea AUM ea nako e telele le 54% ea litefiso tsa nako e telele tsa motheo le lekhetho la likalimo tsa 2021. Chelete e sa fetoheng ea AUM e felile ka 2021 ho $2.8 trilione, e bonts'ang chelete e kenang ea $230.3 bilione. Chelete e kenang e kenyelelitse $94.0 billion, $78.9 billion le $57.4 billion in active, ETFs and non-ETF index, ka ho latellana. Rekota chelete e kenang ea chelete e kenang ea liranta tse libilione tse 94.0 e bonts'itse tšehetso ea chelete ea taelo ea mantlha e tsitsitseng kotareng ea bone, hammoho le phallo e matla ho linyehelo tse sa lekanyetsoang, tsa masepala, tse khutlang le tsa Asia.
Chelete e sa fetoheng e emetse 30% ea AUM ea nako e telele le 26% ea litefiso tsa nako e telele tsa motheo le lekeno la likalimo tsa lisecurity bakeng sa 2021.
Multi-Aset
BlackRock e laola mefuta e fapaneng ea lichelete tse leka-lekaneng tsa matlotlo a mangata le litaelo tse boletsoeng esale pele bakeng sa bareki ba fapaneng ba sebelisang matsete a rona a pharalletseng ho li-equity tsa lefats'e, libonto, lichelete le thepa, le bokhoni ba rona bo boholo ba taolo ea likotsi. Litharollo tsa matsete li ka kenyelletsa motsoako oa li-portfolio tsa nako e telele feela le matsete a mang hammoho le likabelo tsa kabo ea matlotlo.
Matlotlo a mangata a emetse 9% ea AUM ea nako e telele le 10% ea litefiso tsa nako e telele tsa motheo le lekeno la likalimo tsa lisecurity bakeng sa 2021.
Lichelete tse ngata tsa thepa e ngata li bonts'itse tlhokahalo e tsoelang pele ea mekhatlo ea likeletso tsa rona tse thehiloeng ho tharollo ka $83.0 bilione ea chelete e kenang e tsoang ho bareki ba mekhatlo. Merero e hlalositsoeng ea menehelo ea bareki ba mekhatlo e ile ea lula e le mokhanni oa phallo ea chelete mme e kentse liranta tse libilione tse 53.5 ho kenyelletso ea matlotlo a mangata a setheo ka 2021, haholo-holo ka letsatsi le reriloeng le linyehelo tsa lihlahisoa tsa kotsi.
Maano a Khampani a thepa e mengata a kenyelletsa tse latelang:
• Letsatsi le reriloeng le lihlahisoa tsa kotsi li hlahisitse chelete e kenang ea $30.5 bilione. Batseteli ba litsi ba emetse 90% ea letsatsi leo ba lebelletseng ho lona le kotsi eo ba e lebelletseng AUM, ka merero e hlalositsoeng e emelang 84% ea AUM. Liphallelo li ne li tsamaisoa ke monehelo o hlalositsoeng
matsete linyehelong tsa rona tsa LifePath. Lihlahisoa tsa LifePath li sebelisa mokhoa oa ho fana ka thepa o sebetsang o lekang ho leka-lekanya kotsi le ho khutlela morao nakong ea matsete ho latela nako e lebelletsoeng ea ho tlohela mosebetsi. Matsete a ka tlase
haholo-holo lihlahisoa tsa index.
• Kabo ea thepa le lihlahisoa tse leka-lekaneng li hlahisitse $37.2 bilione ea chelete e kenang. Maano ana a kopanya tekano, chelete e kenang e tsitsitseng le likarolo tse ling bakeng sa bo-ramatsete ba batlang tharollo e lokiselitsoeng ho latela tekanyetso e itseng le ka har'a tekanyetso ea kotsi. Ho
Maemong a mang, maqheka ana a batla ho fokotsa kotsi ea ho fokotsa kotsi ka ho fapanyetsana, maqheka a tsoang linaheng tse ling le liqeto tse bohlale tsa kabo ea thepa.
Lihlahisoa tsa lihlahisoa li kenyelletsa malapa a rona a Global Allocation le Multi-Asset Income fund.
• Litšebeletso tsa tsamaiso ea Fiduciary ke litaelo tse thata tseo ho tsona batšehetsi ba moralo oa penshene kapa li-endowments le metheo e bolokang BlackRock ho nka boikarabello bakeng sa tse ling kapa likarolo tsohle tsa taolo ea matsete, hangata BlackRock e sebetsa joalo ka ofisiri e ka sehloohong ea matsete a tsoang kantle. Litšebeletso tsena tse ikhethileng li hloka tšebelisano-'moho e matla le basebetsi ba matsete ba bareki le li-trustee e le ho rala maano a matsete ho kopana le litekanyetso tse ikhethileng tsa bareki le merero ea ho khutlisa. Lichelete tse kenang tsa lichelete tsa liranta tse limilione tse likete tse 30.1 li bonts'itse tšehetso ea lichelete tse 'maloa tsa bohlokoa tsa OCIO.
mekhoa e meng
Mekhoa e meng ea BlackRock e shebana le ho fumana le ho laola matsete a phahameng a alpha ka khokahano e tlase le mebaraka ea sechaba le ho theha mokhoa o akaretsang oa ho sebetsana le litlhoko tsa bareki mekhoeng e meng ea ho tsetela.
Lihlahisoa tse ling tsa k'hamphani li oela ka mekhahlelo e meraro - 1) mefuta e meng e seng molaong, 2) mefuta e meng ea metsi, le 3) chelete le thepa. Mekhoa e meng ea Illiquid e kenyelletsa linyehelo ka tharollo e 'ngoe, tekano ea poraefete, monyetla le mokoloto, thekiso ea matlo le meaho. Mekhoa e meng ea mokelikeli e kenyelletsa linyehelo tsa lichelete tse tobileng tsa hedge le hedge fund solutions (chelete ea lichelete).
Ka 2021, mekhoa e meng ea metsi le e seng molaong e ile ea hlahisa chelete e kenang e kopaneng ea $ 27.4 bilione, kapa $36.6 bilione ntle le ho khutlisa chelete / matsete a $ 9.2 billion. Batšehetsi ba kholo ka ho fetisisa ba ho khutlisa chelete / matsete e ne e le maano a monyetla le mekitlane, tharollo ea tekano ea poraefete le meaho. Chelete e kenang ka marang-rang e ne e tsamaisoa ke lichelete tsa hedge tse otlolohileng, tekano ea poraefete, meaho le maano a monyetla le mekitlane.
Qetellong ea selemo, BlackRock e ne e e-na le hoo e ka bang $ 36 limilione tse likete tsa boitlamo bo sa lefelloeng, bo sa lefelloeng, bo sa lefelloeng, bo lebelletsoeng ho sebelisoa lilemong tse tlang; boitlamo bona ha bo kenyelelitsoe ho AUM kapa phallo ho fihlela ba lefa litefiso. Chelete le thepa li bone $1.6 bilione ea chelete e kenang, haholo-holo ho li-ETF tsa thepa.
BlackRock e lumela hore ha mekhoa e meng e ntse e tloaeleha 'me bo-ramatsete ba fetola maano a bona a kabo ea thepa, batseteli ba tla eketsa ts'ebeliso ea bona ea matsete a mang ho tlatselletsa lits'ebetso tsa mantlha. BlackRock's franchise e fapaneng haholo ea mefuta e fapaneng e boemong bo botle ba ho tsoela pele ho fihlela tlhoko e ntseng e hola ho tsoa ho batseteli ba litsi le mabenkele. Mekhoa e meng e emetse 3% ea AUM ea nako e telele le 10% ea litefiso tsa nako e telele tsa motheo le lekeno le alimang
2021.
Mekhoa e meng e Illiquid
Mekhoa e meng e sa nepahalang ea Khampani e kenyelletsa tse latelang:
• Alternative Solutions e emela li-portfolio tse ikhethileng haholo tsa matsete a mang. Ka 2021, li-portfolio tsa litharollo tse ling li bile le $ 6.0 bilione ho AUM, le $ 1.4 bilione ea chelete e kenang.
• Tekano ea Poraefete le Menyetla e kenyelelitse AUM ea $19.4 bilione ho litharollo tsa tekatekano ea poraefete, $19.3 bilione ho fana ka monyetla le mekitlane, le $3.5 bilione ho Long Term Private Capital (“LTPC”). Chelete e kenang ea $ 9.1 bilione ho tekano ea poraefete le maano a ho nka monyetla a kenyelelitse $ 6.3 bilione ea chelete e kenang molemong oa monyetla le linyehelo tsa mekitlane le $ 2.8 bilione ea chelete e kenang ho tharollo ea tekano ea poraefete.
• Thepa ea Thepa, e kenyeletsang lisebelisoa tsa motheo le thepa ea thepa, e fihlile ho $ 54.4 limilione tse likete ho AUM, e bonts'ang chelete e kenang ea $ 5.7 limilione tse likete, e etelletsoeng ke ho phahamisa chelete ea litšebeletso le ho tsamaisoa.
Mefuta e meng ea Mokelikeli
Chelete e kenang ea lihlahisoa tsa Khamphani ea mefuta e meng ea lidolara tse limilione tse likete tse 11.3 e bonts'itse chelete e kenang ea $ 10.0 bilione le $ 1.3 bilione ho tsoa ho maano a hedge fund le tharollo ea hedge fund, ka ho latellana. Maano a Direct hedge fund a kenyelletsa linyehelo tse fapaneng tsa maano a le mong le a mangata.
Ho feta moo, Khampani e laola $103.9 bilione ho maano a mokoloto a kenyellelitsoeng lekenong le tsitsitseng le sebetsang.
Chelete le Thepa
Chelete ea Khampani le lihlahisoa tsa thepa li kenyelletsa mefuta e mengata ea lihlahisoa tse sebetsang le tsa index. Lihlahisoa tsa lichelete le thepa li ne li na le chelete e kenang ea $ 1.6 bilione, haholo-holo e tsamaisoang ke ETFs. Lihlahisoa tsa thepa ea ETF li emetse $65.6 bilione ea AUM 'me ha li tšoanelehe bakeng sa litefiso tsa ts'ebetso.
Tsamaiso ea Cash
Tsamaiso ea Cash AUM e entse kakaretso ea $755.1 bilione ka la 31 Tšitoe 2021, e bonts'ang rekoto ea $94.0 bilione ea chelete e kenang. Lihlahisoa tsa taolo ea chelete li kenyelletsa lichelete tsa 'maraka oa chelete tse khafisoang le tse sa lefisoeng lekhetho, lichelete tsa matsete a nakoana le liakhaonto tse ikhethileng tse ikhethileng. Li-portfolio li hlahisoa ka lidolara tsa Amerika, lidolara tsa Canada, lidolara tsa Australia, li-Euro, li-Swiss Francs, New Zealand Dollars kapa liponto tsa Borithane. Kholo e matla ea taolo ea chelete e bonts'a katleho ea BlackRock molemong oa ho thusa bareki le ho fana ka litharollo tse ncha tsa kabo ea dijithale le taolo ea likotsi.
Hajoale BlackRock ka boithaopo e tlohela karolo ea litefiso tsa eona tsa taolo licheleteng tse itseng tsa 'maraka oa chelete ho netefatsa hore li boloka bonyane ba chelete e kenang ea letsatsi le letsatsi ea matsete. Ka 2021, litheolelo tsena li ile tsa fella ka phokotso ea litefiso tsa taolo ea hoo e ka bang $500 milione, e ileng ea fokotsoa ka mokhoa o itseng ke phokotso ea litjeo tsa kabo ea BlackRock le lits'ebeletso tse lefuoang ho baemeli ba lichelete. BlackRock e fane ka boithaopo ba tšehetso ea lihlahisoa linakong tse fetileng 'me e ka eketsa kapa ea fokotsa boemo ba ho tlosoa ha tšehetso ea lihlahisoa nakong e tlang. Ho fumana lintlha tse ling, sheba Ntlha ea 2, ea Bohlokoa boikarabello Maano, ho lintlha tsa litatemente tse kopaneng tsa lichelete tse kenyellelitsoeng Karolong ea II, Ntlha ea 8 ea faele ena.
