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BlackRock (BLK) Q1 2021 Earnings Call Transcript


BlackRock (BLK) Q1 2021 Earnings Call Transcript
Motley Fool Transcribing
© The Motley Fool
Logo of jester cap with thought bubble.
BlackRock (NYSE: BLK)
Good morning. My name is Jerome, and I will be your conference facilitator today. At this time, I would like to welcome everyone to the BlackRock, Inc. first-quarter 2021 earnings teleconference.  Our host for today s call will be chairman and chief executive officer, Laurence D.
Fink; chief financial officer, Gary S. Shedlin; president, Robert S. Kapito; and general counsel, Christopher J. Meade [Operator instructions] Thank you.  Mr.
Meade, you may begin your conference.
Chris Meade
General Counsel
Thank you. Good morning, everyone. I m Chris Meade, the general counsel of BlackRock.  Before we begin, I d like to remind you that during the course of this call, we may make a number of forward-looking statements. We call your attention to the fact that BlackRock ....

New York , United States , Brian Bedell , Chris Meade , Michael Cyprys , Blackrock Etfs , Larry Fink , Garys Shedlin , Dan Fannon , Gary Shedlin , Dan Fannon Jefferies , Alex Blostein Goldman Sachs , Christopherj Meade , Craig Siegenthaler , Hans Vestberg , Michael Cyprys Morgan Stanley , Robert Lee , Mathis Cabiallavetta , Roberts Kapito , Alex Blostein , Brian Bedell Deutsche Bank Analyst , Morgan Stanley , Goldman Sachs , Credit Suisse , Blackrock Inc , Deutsche Bank ,

M&G outsources middle-office to State Street


M&G outsources middle-office to State Street
State Street has won a mandate to supply middle office functions to M&G Corporate Services.
The deal will see a number of M&G employees transferred to State Street’s London office as of July 1 as the asset manager looks to reduce its operational overheads.
Many of the services will be delivered via BlackRock’s Aladdin system, which is licensed by M&G, and then administered by State Street.  
The US asset servicer has been providing M&G with fund accounting and custody services for the best part of a decade.
The new agreement will see the outsourcing of further middle office functions including portfolio services, reference data, cash reporting, transaction management and recordkeeping. ....

City Of , United Kingdom , United Kingdom General , Roddy Thomson , Mg Corporate Services , State Street , Aladdin Provider , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , கருப்பு பாறை , ஒன்றுபட்டது கிஂக்டம் ஜநரல் , ரோடி தாம்சன் , நிலை தெரு , அலாவுதீன் வழங்குநர் ,