Investing in Strategic Growth Drivers and Accelerators
IRH0621U/M-1675207-1/171
Clients are entrusting us with more of their portfolios
Organic revenue growth, 2020¹
Growth Engines
18%
BlackRock
Private Markets
9%
Industry¹
12%
Technology2
7%
7%
ETFs3
8%
Traditional
6%
Active
(1)%
Whole Portfolios
(as products, e.g.,
OCIO, models etc.)
10%
1%
28%
Cash
16%
7% vs. 3%
BLK organic growth vs.
industry¹
57%
of our top clients have
>3 BLK products (up 8
points since 2016)4
Note: BlackRock technology growth represents Annual Contract Value (ACV). ACV represents forward-looking recurring subscription fees under client contracts for the next twelve months at the end of a
respective quarter, assuming all client contracts that come up for renewal are renewed. ACV excludes nonrecurring fees such as implementation and consulting fees. See note (5) in the supplemental
information on page 10 of BlackRock's first quarter 2021 earnings release for more information on ACV. For footnoted information, refer to slide 13.
BlackRock
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