Alternative Investing with BlackRock's Edwin Conway | #𝗦𝗔𝗟𝗧𝗡𝗬 | Summary and Q&A

TL;DR

BlackRock's alternative asset management business is a critical part of their past, present, and future, with a focus on global investments across various asset classes.

Key Insights

• 💪 BlackRock's alternative asset management business is a critical part of their overall operations, with a focus on delivering strong investment performance for clients.
• 🌐 The company's global presence and local market knowledge give them a competitive advantage in sourcing unique investment opportunities.
• 🏛️ Infrastructure and private credit are underinvested asset classes that offer growth potential and diversification benefits.
• 🤩 Education, transparency, and technology are key factors in helping investors understand and navigate the alternative investment landscape.
• 🚙 Alternative investments, such as electric vehicles and infrastructure, present significant opportunities for growth and positive impact.

Transcript

foreign great to be with you today I've been really good to be with you so when I think BlackRock I think probably all of us in some measure have exposure through various ETFs but you're on the alternative side so why don't you tell us a little bit about what that business is oh thank you yeah I'd be happy to and very nice to to be with you all and... Read More

Questions & Answers

Q: What sets BlackRock's alternative asset management apart from other companies?

BlackRock's advantage lies in their global network and scale, with $9 trillion in assets, which allows them to access unique investment opportunities and deliver strong performance for clients.

Q: Why is having a presence in local markets important for alternative investments?

Being locally connected gives BlackRock insights into industries like automotive, allowing them to anticipate market shifts and make well-informed investment decisions.

Q: How does BlackRock drive change through alternative investing, particularly in the electric vehicle space?

BlackRock's investments in companies like Revel, a ride-sharing company with a focus on electrification, contribute to the transition to electric vehicles and the creation of charging infrastructure.

Q: What challenges do investors face when allocating to alternatives, and how can transparency be improved?

The industry is highly competitive, and investors are seeking better transparency and partnerships with alternative managers. BlackRock aims to provide technology-driven solutions to enhance transparency and help investors construct portfolios that align with their objectives.

Summary & Key Takeaways

• BlackRock has built a $320 billion alternative asset franchise, covering major asset classes like private equity, infrastructure, real estate, and credit.

• The company's global presence and deep connections in local markets give them a competitive advantage in sourcing unique investment opportunities.

• BlackRock is focused on driving change through alternative investments, particularly in areas like electric vehicles and infrastructure.