Transition Management

Partnership in Transitions

BlackRock has been helping clients shift allocations and implement new investment strategies globally since 1995. Our goal is to manage transitions cost-effectively and with minimal disruption to portfolios.

Our services include comprehensive fiduciary transition management, advisory services and interim asset management.

We also offer securities lending, futures and currency overlays, proxy/corporate actions and cash management.

Why choose BlackRock?

1. Trust and transparency. For decades, we have acted as a fiduciary – for all client and asset types, never trading as a principal on our own behalf. We earn revenue only through commissions or fees fully disclosed to clients prior to the transition. 
2. Disciplined risk management. We manage four dimensions of risk throughout a transition: exposure, execution, process and operational risk. Our culture of risk awareness and innovative risk management reporting tools support a global team of dedicated risk professionals. When we take risk, we make sure it is deliberate, diversified and appropriately scaled for each portfolio.
3. Experience and expertise. Our global team of more than 50 investment professionals works closely with clients and consultants to deliver strategies aimed at protecting portfolio assets throughout the transition process.
4. Global presence and scale. With more than 70 offices in 24 countries, BlackRock has a strong presence across most investable markets. Our access to liquidity translates into lower transaction costs for clients. We maintain confidentiality in the transaction activity of our clients and reduce information leakage risk through our scale.

For inquiries on these products, please email: institutional.canada@blackrock.com.

Client Case study: How do you globalize a global pension plan?
How ExxonMobil brought greater diversification and consistency to 12 plans across 11 countries
Currents, October 2009

This article details how ExxonMobil successfully transitioned $18 billion in securities from other investment managers and from existing BlackRock strategies efficiently—saving $7 million in trading costs—within a small nine-month window.

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Capturing Interim Beta
Flexible, cost-effective transition solutions for today’s investors
Currents, October 2009

Careful management of interim beta—the exposure to the appropriate asset class during the time between investment managers—can help maintain, and in some cases may contribute to overall plan performance.

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