BlackRock Investment Institute

The BlackRock Investment Institute (BII) leverages the firm’s expertise to provide insights on the global economy, markets, geopolitics and long-term asset allocation – all to help our clients and portfolio managers navigate financial markets. As a unique center of excellence, BII offers strategic and tactical market views, publications and digital tools that are underpinned by proprietary research.

Our aim is to secure a better financial future for our clients by helping them understand what is in their portfolio and determine the mix of asset classes that fit their risk and return needs.

Market Insights

Market Insights

We publish insights including biannual outlooks, in-depth analyses of global market themes and quarterly reports on sovereign risk and fund flows.

Go to Market Insights

Interactive Charts

Interactive Charts

We also produce interactive charts to showcase our proprietary data and enable our portfolio managers and clients to quickly find what they need.

View Interactive Charts

Our team

Elga Bartsch

Elga Bartsch

Head of Macro Research

Jean Boivin

Jean Boivin

Head of BlackRock Investment Institute

Mike Pyle

Mike Pyle

Global Chief Investment Strategist

Scott Thiel

Scott Thiel

Chief Fixed Income Strategist

Ben Powell

Ben Powell

Chief Investment Strategist for APAC

Research and insights

BII’s research focuses on three main areas:

  • We generate in-depth, proprietary economic and markets research for BlackRock’s portfolio managers and clients. We share these through internal notes, our Macro and market perspectives publication, BlackRock macro insights page and our proprietary data on the BlackRock macro dashboard.
  • We develop the core research principles and intellectual property that underpin BlackRock’s approach to portfolio design, such as our Capital market assumptions and portfolio optimization tools, with the aim to create better long-term financial futures for clients.
  • Our global strategist team develops actionable, tactical views for our clients and client-facing professionals. Our quarterly Global investment outlook bring our tactical views to life. The team has representatives in key markets in the Americas, Europe and Asia, who also bring local intelligence to BII and BlackRock’s portfolio managers.

Jean Boivin, head of BII, oversees all of BII’s activities and is responsible for ensuring that BII integrates research insights on portfolio construction, economics and markets with the long-term, whole-portfolio perspective that our clients need today. Elga Bartsch, who leads the economic and markets team, and strategists Mike Pyle (Chief global investment strategist) and Scott Thiel (Chief fixed income strategist) work with BlackRock’s portfolio managers to identify key market trends and produce strategic and tactical investment views that are powering asset allocation. Jack Reerink oversees BII’s publications and business operations.

Our background

BII was established in 2011 in the midst of the European debt crisis when it became clear BlackRock needed a forum to analyze seismic market events across asset classes. It grew significantly in 2016 under BlackRock Vice Chairman, Philipp Hildebrand.

We expanded our macro team and added a global network of strategists to provide actionable market views and proprietary research.

We also built up our geopolitical expertise under BII Chairman, Tom Donilon, and showcase some of our research in this area on our BlackRock geopolitical risk dashboard. BII’s mandate evolved in 2019 to integrate macro and market views with insights on portfolio construction to provide clients with the long-term perspective they need today.

Thomas Donilon

Thomas Donilon
Chairman

Philipp Hildebrand

Philipp Hildebrand
Vice Chairman