Abacus Global Management (ABL) 2025 Investor Day June 12, 2025 09:30 AM ET Speaker0 To our presentation today. And at Abacus, Abacus is continuing to grow and expand and take a look at a business model that started in one area related to life insurance policies and sourcing those and educating people around the value of their life insurance policies to asset management to potentially private wealth management and then capitalizing on all the lifespan data and technology that we've been able to do and instit ...

Summary of BlackRock's Investor Day 2025 Company Overview - **Company**: BlackRock - **Event**: Investor Day 2025 - **Date**: June 2023 Key Industry Insights - **Market Dynamics**: The global financial landscape has seen ongoing conflicts, political polarization, and trade protectionism, leading to record equity markets alongside volatility [5][6] - **Client Trust**: BlackRock has received $900 billion in net inflows, translating to over $800 million in net new base fees [5][6] Financial Performance - **Revenue Growth**: In 2024, BlackRock generated over $640 billion in client inflows and reached $20 billion in revenue [7] - **Assets Under Management (AUM)**: Global iShares AUM surpassed $4 trillion, with iBit achieving $70 billion in AUM [7] - **Operating Margin**: Operating margin has expanded by 170 basis points since the introduction of the financial framework in 2022 [16] Strategic Initiatives - **2030 Vision**: BlackRock aims to achieve over $35 billion in total revenue and double both operating income and market cap by 2030 [19] - **Focus Areas**: The strategy emphasizes private markets, technology, and whole portfolio solutions, targeting 5% or higher organic base fee growth [18][19] - **Acquisitions**: The addition of GIP and Preqin has broadened Aladdin's reach and capabilities, enhancing BlackRock's position in private markets [8][24] Technology and Innovation - **Aladdin Platform**: Aladdin is central to BlackRock's operations, facilitating portfolio management and risk assessment [71][72] - **AI Integration**: BlackRock is leveraging AI to enhance investment processes, including the development of Aladdin Copilot for personalized portfolio management [43][88] - **Digital Assets Strategy**: BlackRock is expanding its digital asset offerings, including the iBit Bitcoin ETP, which has rapidly grown to $70 billion [56][57] Client Engagement and Market Position - **Client-Centric Approach**: BlackRock emphasizes understanding client needs and delivering tailored solutions across public and private markets [9][10] - **Market Leadership**: BlackRock is a top player in private credit, infrastructure, and ETFs, with over 90% of the top 100 asset owners as clients [20][22] - **Ecosystem Development**: The firm is focused on building partnerships and integrating services to enhance client experiences and operational efficiencies [26][30] Future Outlook - **Growth Opportunities**: BlackRock sees significant potential in private markets, with an aim to raise $400 billion in private market assets by 2030 [25] - **Client Relationships**: The firm is committed to deepening partnerships with clients, aiming for holistic strategic relationships that span multiple asset classes [21][22] - **Global Expansion**: BlackRock is expanding its presence in new markets, including the Middle East and APAC, to better serve local client needs [95] Conclusion - BlackRock's Investor Day highlighted the company's robust growth strategy, commitment to innovation, and focus on client relationships, positioning it well for future success in a rapidly evolving financial landscape.

Group 1 - ESCO Technologies Inc. has seen a 6.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - KLA Corporation has experienced a 2.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Balfour Beatty PLC Sponsored ADR has also seen a 2.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Affiliated Managers Group, Inc. has recorded a 4.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3] - Comfort Systems USA, Inc. has experienced a 7.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3]

Forward–looking Statements This presentation, and other statements that BlackRock may make, contain forward–looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to BlackRock's future financial or business performance, strategies or expectations. Forward looking statements are typically identified by words or phrases such as "trend," "potential," "opportunity," "pipeline," "believe," "comfortable," "expect," "anticipate," "current," "intention," "estimate," "pos ...

高能从现代产业体系、空间布局和发展服务环境三个维度介绍了静安的优势与活力。在现代产业体系方面，商贸服务、金融服务和专业服务三大传统产业构 建起静安经济版图的硬核支柱，数据智能、文化创意和生命健康三大新兴产业则培育着静安未来发展的新质动能。在空间布局方面，静安依托南京西路高端 服务集聚带、苏河湾滨水商务集聚带、中环两翼创新创意集聚带，构建立体化产业生态圈，推动各类金融机构精准布局，集聚发展。在发展环境方面，静安 把企业的获得感作为出发点和落脚点，为金融机构提供从落户发展开始的全流程服务。 近期，静安区先后成立了全球服务商"一站式"出海服务中心、静安跨境金融服务中心，发布了"全球服务商计划"出海服务包，并打造出海全链路服务矩阵， 为企业全球化布局装上加速引擎。 展望未来，静安始终敞开怀抱，以开放的生态、创新的土壤，与企业携手构建AI驱动、全球化协同的财富管理新范式，共同绘制开放、智能、可持续的行 业蓝图。 上证报中国证券网讯（陈铭 记者 严晓菲）6月12日，以"新科技 新金融 新生态"为主题的中金财富2025财富管理发展论坛在上海中国金融信息中心举行。上 海市静安区投资促进办公室副主任高能致辞表示，科技革命重塑全 ...

以下文章来源于东四十条资本 ，作者张楠 东四十条资本 . 聚焦股权投资行业人物、事件、数据、研究、政策解读，提供专业视角和深度洞见 | 创投圈有趣的灵魂 作者丨 张楠 来源丨 东四十条资本 家族办公室是过去几年投资圈的火热话题，从新加坡到中国香港，都在正向吸引富豪人群落地投资，方式之一就是让这些富豪 在本地开设家族办公室，通过雇佣专业投资人或机构，帮忙打理庞大的资产，进行股权、信贷、证券、房地产等各项领域的全 球资产配置。 钱多到一定份上，再加上满足一定的条件，可以自己雇人，也就是开设单一家办，香港这个门槛是2.4亿港元，新加坡几次上 调申请免税优惠的单一家办门槛，目前是2000万新元。钱没那么多，或者不想自己劳神，也可以将钱交给专业的持牌机构来 打理，也就是联合家办。 但不管是单一还是联合家办，对普通人来说基本都是难以企及的。 但你有没有想过，有一天人人都能享受到家族办公室式的全天候服务？ 尤其是，投进去那些需要上百万美元资金，只面向所 谓"私人银行客户"的各类稀缺 投资机会 ？ 将投中网设为"星标⭐"，第一时间收获最新推送 投资方为GPTX（简坤投资）、C Capital、以及Shuren Educati ...

6月5日，第十八届HED中国峰会·上海隆重举办。本届峰会由财视中国主办，东吴证券联合主办，华安 资管、中信证券协办，标普全球财智展览赞助，高盈证券、QTX、CMS Hong Kong、东英资管、AlfaR Fund Services、Enfusion、Optiver银牌赞助，华金证券、蒙玺投资、千朔投资、友山基金、盈诚投资、 洛肯国际、汐泰投资作为合作伙伴，特许另类投资分析师协会、另类投资标准委员会、香港绿色金融协 会支持。峰会汇聚海内外顶尖金融机构决策者及资深专家领袖，围绕AI驱动配置、中国资产、海外基 金、指数投资策略等核心议题展开深度探讨，为全球资产配置提供前瞻性洞见。 主办方财视中国创始人兼首席执行官朱浩发表开幕致辞。朱浩表示，2025年资管行业面临变革机遇， AI技术正深度重塑投资范式。作为深耕中国资产管理领域十四年的专业平台，财视中国已服务超300家 持牌金融机构及1500余家私募基金，并成功将HED峰会打造为连接上海、香港、新加坡、中东等全球 资管中心的重要桥梁。本届峰会以"AI驱动·智慧投资·全球视野"为主题，汇聚海内外顶尖机构代表，旨 在通过跨地域、跨策略的深度对话，助力中国资管机构把握AI ...

Key Takeaways Lazard's AUM rose 1.7% sequentially in May to $235.3B, driven by market and FX appreciation. A $7.4B market gain and $0.2B FX boost were offset by $3.7B in net outflows and a $4.3B client withdrawal. Equity assets rose 2.4% to $180.5B, while fixed income fell 1.3% and other assets climbed 3%.Lazard, Inc. (LAZ) reported a preliminary asset under management (AUM) balance of $235.3 billion as of May 31, 2025, reflecting an increase of 1.7% from the April 30, 2025, level.The AUM was favorably af ...

Equitable (EQH) 2025 Conference Summary Company Overview - **Company**: Equitable (EQH) - **Date of Conference**: June 11, 2025 - **Key Speaker**: Robin Roger, CFO of Equitable Key Points and Arguments Strategic Goals and Financial Metrics - Equitable outlined a growth strategy during the Investor Day in May 2023, focusing on: - Defending and growing core businesses in retirement and asset management - Seeding future businesses in plan guarantees and emerging markets - Scaling wealth management and private credit capabilities [4][5] - Financial targets include: - Growing cash flows from $1.3 billion to $2 billion by 2027 - Increasing payout ratio to 60%-70% from 40%-60% - Achieving earnings per share (EPS) growth of 12%-15% [6][7] Progress on Financial Metrics - Cash flow projections for 2025 are between $1.6 billion and $1.7 billion, with confidence in reaching $2 billion by 2027 [6][68] - Achieved a payout ratio of 68% over nine quarters and 12% EPS growth over two years, despite some adverse mortality impacts [7][8] RGA Transaction and Capital Allocation - The RGA transaction is expected to free up $2 billion in capital, allowing for strategic investments and enhancing growth in asset and wealth management [9][10] - Increased ownership stake in AllianceBernstein from 62% to 69%, using $800 million of the proceeds [11] Business Mix and Growth Opportunities - By 2027, approximately 50%-60% of cash flow is expected to come from asset and wealth management, up from 17% at IPO [12][49] - The integrated business model allows for leveraging strengths in annuities to expand into asset and wealth management [16][25] Retirement Market Insights - The retirement market is significant, with 4 million Americans turning 65 this year and $600 billion in assets moving out of 401(k) plans [18][34] - Buffered annuities are gaining traction, especially during market volatility, with a 40% year-over-year increase in the RILE market [29][30] Future Growth in 401(k) Business - The 401(k) market is valued at $8 trillion, with annuities holding less than 1% market share, presenting a substantial growth opportunity [36][39] - Partnerships with firms like BlackRock and JPMorgan are expected to drive inflows and market penetration [37] Wealth Management Performance - Equitable has seen strong net inflows and adviser productivity, with assets under administration growing from $40 billion at IPO to over $100 billion [45] - Plans to enhance adviser recruitment through experienced hires and potential small acquisitions [46][47] Private Market Strategy - The private markets are expanding, with a focus on private credit and insurance, leveraging sticky liabilities for better returns [56][59] - Equitable maintains a conservative approach, avoiding below-investment-grade assets while focusing on higher-grade private credit [63] Capital Deployment and Share Buybacks - Following the RGA transaction, Equitable plans to deploy $2 billion in capital, including $500 million for share buybacks and debt repayment [76][77] - The company is positioned to be offensive in capital deployment, depending on market conditions [78] Additional Important Insights - The flywheel effect of integrating asset management and retirement businesses is expected to enhance overall returns and growth [17][21] - The company is optimistic about future earnings growth driven by demographic trends and market opportunities in retirement solutions [34][35] This summary encapsulates the key insights and strategic directions discussed during the Equitable conference, highlighting the company's growth ambitions and market positioning.

Group 1 - Blackstone plans to invest up to $500 billion in Europe over the next decade, having already invested nearly $100 billion in the U.K. [1][7] - The company's London office currently employs 650 people, indicating a strong presence in the region [1][7]. - Blackstone's CEO, Steve Schwarzman, believes that Europe's changing approach will lead to higher growth rates, presenting a "major opportunity" for the firm [3]. Group 2 - Recent interest in Europe from investment firms is driven by impressive growth prospects, influenced by geopolitical changes and increased defense spending in the European Union [2]. - Germany has approved historic spending plans, further enhancing the investment landscape in Europe [2]. - Blackstone's diversified products and revenue mix are expected to support growth in assets under management (AUM), with fee-earning AUM witnessing a compound annual growth rate (CAGR) of 15.3% over the past four years [5]. Group 3 - Despite a decline in segment revenues in 2023, Blackstone has a strong global presence and solid organic growth prospects, with a four-year CAGR of 15.6% [4]. - The company's shares have lost 24.9% over the past six months, compared to an industry decline of 11.2% [6].