Skip to content
Welcome to the BlackRock site for wealth managers
Before you proceed, please take a moment to review and accept the following Terms and Conditions.
This section includes investor type descriptions for professional clients and market counterparties.
Professional client
A Professional Client is either: (i) a ‘deemed’ professional client; (ii) serviced-based professional client; or (iii) an assessed professional Client
(i) Deemed Professional Client
A person is a “deemed” professional client if the person is:
- a supranational organisation whose members are either countries, central banks or national monetary authorities
• a government, government agency, central bank or other national monetary authority of any country or jurisdiction
• a public authority or state investment body
• an Authorised Market Institution, Regulated Exchange or regulated clearing house
• a Regulated Financial Institution or the management company of a regulated pension fund;
• a Collective Investment Fund or a regulated pension fund;
• a corporate body whose shares are listed or admitted to trading on any exchange of an IOCSO member country
• trustee of a trust which has, or had during the previous 12 months, assets of at least $10 million;
• a Single Family Office licensed under the Single Family Office Regulations
• a person classified as a ‘large undertaking’ who meetstwoof the following criteria (i) a balance sheet total of at least $20 million; (ii) a net annual turnover of at least $40 million or (iii) own funds or called up capital of at least $2 million
(ii) Service-based Professional Clients
A person is a ‘serviced-based’ professional client if
- the services provided to the client is in relation to the provision of credit including arranging and/or advising on credit
• the services provided to the client relates to corporate structuring and financing such as advice relating to an acquisition, disposal, structuring, restructuring, financing or refinancing of a corporation or other legal entity i.e. takeovers, mergers and capital raising
(iii) Assessed-based Professional Clients
Assessed-based professional clients can be either (i) individuals; or (ii) undertakings
Individuals
An individual (and associated joint account holders) would be classified as an ‘assessed-based professional client’ if:
- the individual (and primary account holder, if relevant) has net assets of at least $1 million; and
• the individual is, or has been, an employee of an authorised firm or a regulated financial institution in the past two years; or
• the individual can provide evidence which demonstrates that they have sufficient knowledge and experience of relevant markets, products and associated risks
Where there is a joint account in place, the secondary account holder must obtain confirmation in writing that investment decisions relating to the joint account are made for or on behalf of the secondary account holder
Undertakings
Undertakings, which are generally not individuals, would be classified as ‘assessed-based’ professional clients if it:
- has own funds or called up capital of at least $1 million; and
• can evidence that they have sufficient knowledge and experience of relevant markets, products and associated risks
Market counterparties
A Market Counterparty is any person who is either:
- authorised firm;
• regulated financial institution; or
• professional client
Fixed income insights
Analysing and capturing return opportunities takes skill, insight and experience. Whether you’re a seasoned investor or new to the world of fixed income, our insights can help to enhance your understanding and empower your investment decisions.
Capital at risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.
Winning the important points
In bond market investing, small, steady gains are key. Today’s mix of uneven growth and varied monetary policies creates diversification opportunities, especially in Europe and Asia. It’s also a time when technology and automation enhance traditional investment strategies.
The case for active fixed income
Volatility and uncertainty are reshaping financial markets, opening the door for skilled managers to outperform. Our latest paper explores how active strategies are essential for navigating risk, capturing alpha, and turning market dispersion into opportunity in today’s environment.
Exposures for today’s markets
Explore our latest views and investment ideas. We’re seeing opportunities in fixed income in EUR rates and credit, especially in areas that go beyond traditional benchmarks.
Fixed Income Outlook
June 2025 | Read time: 10 Min
What’s next for markets? Our key investment managers and CIOs evaluate regional opportunities and share their insights on the main themes driving the market.
You can run, but you can’t hedge
June 2025 | Read time: 5 Min
That’s the unsettling message investors have been faced with, as traditional safe havens have failed to offer protection amid rising policy and economic uncertainty. Optimism around pro-growth government policies has given way to volatility, as tariffs and potential consequences to inflation have shaken investor confidence.
It's time to revisit emerging market debt (EMD)
November 2024 | Read time: 5 Min
EMD is back on the radar with alpha opportunities, compelling yields and a reasonably positive outlook. But despite its advantages, many multi-asset portfolios hold much less than they should.
Explore more
Products
Themes
ETFs & Indexing
Insights
© 2025 BlackRock, Inc. All rights reserved.
MKTGH1125U/M-4940318