BlackRock is a premier provider of global investment management services. BlackRock manages over £25 billion for charities and endowments worldwide including over £4.5 billion in the UK, with over 3000 clients, the vast majority of whom are invested (by number) in our pooled funds. As at 30 June 2019, BlackRock managed a total of £5.37 trillion across equity, fixed income, alternatives, multi-asset and cash management strategies for institutional and retail clients.
Our dedicated team aims to give every charity the support they need to flourish, and therefore provides a variety of investment styles. We offer:
- Seven charity-specific investment funds
- Active and passive solutions, including iShares ETFs
- A breadth of strategies with a focus on environmental, social and governance criteria
- Individual portfolio management for larger charities
In 2019 we launched our Charities Growth & Income (CGI) Fund, our flagship sustainable multi-asset fund, to address the desire for diversified and cost-effective long-term investments amongst UK Charities. Alongside our other two multi-asset CAIFs, BlackRock has over 15-years’ experience in managing multi-asset pooled funds for UK charities.
Similar to our other charity-specific funds, the CGI Fund has a long-term investment philosophy, which aims to target real growth in both capital and income in the long-term. A key tenet of the multi-asset investment team’s philosophy is that asset allocation drive almost all of a portfolio’s performance and risk over the long term. The team then employ BlackRock’s broad and deep investment platform to deliver strong risk-adjusted returns for our clients.
We believe that incorporating Environmental, Social and Governance (ESG) considerations into our investment process is important to both choose long-term sustainable companies and represent the ethical stance of many of our UK charities.
We are focused on value-for-money for our charity investors and aim to keep the total cost of owning our funds low. We believe that our Annual Management Charges (AMC) are competitive, and we are transparent in the way in which we take fees. In addition to regular reporting, we run several events throughout the year for our clients to meet and hear from portfolio managers, offering an efficient and effective service proposition.