Our focus on meeting investment objectives within client guidelines has made us one of the largest investment managers for pension plans. We provide a full suite of complementary investment products across asset classes for these clients, which include defined benefit plans and defined contribution plans for corporations, public funds, and union funds.
BlackRock's presence in the defined contribution market, in particular, demonstrates our ability to proactively adapt our products and capabilities to the needs of clients. We have worked with DC plan sponsors—in Canada, the United States, the United Kingdom and Australia—to create innovative solutions. Our collaborative approach has resulted in products such as daily valued pooled strategies, separate accounts, institutionally priced mutual funds, Stable Value products and, most recently, several asset allocation products.