Investing in Strategic Growth Drivers and Accelerators

Our strategy starts by understanding clients' needs Client trends 1 From products to whole portfolios 2 3 4 IRH0621U/M-1675207-1/171 Power shifting to those closest to end client Value for money, pressure on operating efficiency Data and analytics are paramount Investment drivers 5 Sustainable investing 6 Search for yield amid unprecedented liquidity New opportunities 7 Opening of China 8 Global retirement gap BlackRock 6

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