00:00:00.220 — 00:00:10.580 · Justin Christofel
For investors relying on their portfolios to generate income in retirement, consistency matters. I'm Justin Christofel, global head of income investing at Blackrock.
00:00:10.580 — 00:00:14.580 · Louis Arranz
And I'm Louis Arranz, portfolio manager on the multi-asset income team.
00:00:20.020 — 00:00:53.500 · Justin Christofel
Generating income isn't just about finding the highest yield. Higher yields may look attractive on the surface, but can carry greater risk and potential loss than investors anticipate. On the other hand, lower yielding, higher quality exposures may feel like the safer option, but may fall short of longer term growth and income objectives.
BlackRock's multi-asset portfolios are designed to navigate these trade offs, balancing income generation with total return potential while calibrating risk exposure to align with a range of investor objectives.
00:00:53.500 — 00:01:14.260 · Louis Arranz
To deliver on these objectives, our team evaluates economic trends, market conditions, and relative value opportunities across and within asset classes. We build diversified portfolios using equities, bonds, and alternative income sources such as covered calls, securitized assets, real estate, and infrastructure.
Importantly, we actively adjust exposures as conditions evolve.
00:01:14.300 — 00:01:33.250 · Justin Christofel
One of our advantages at Blackrock is access to global asset class specialists. We collaborate with teams across the Americas, Europe and Asia who contribute to security selection and local market insight. This integration strengthens our ability to identify durable income sources around the world.
00:01:33.250 — 00:01:52.450 · Louis Arranz
We also leverage BlackRock's proprietary risk platform, Aladdin, along with our risk and quantitative analysis team, to evaluate portfolio exposures and conduct stress testing. This allows us to better understand how the portfolio may behave during periods of market volatility, particularly important for investors depending on portfolio income in retirement.
00:01:52.450 — 00:02:10.090 · Justin Christofel
For those in retirement with a distribution goal, the strategies can serve as a diversified one stop shop. And for those who may be still accumulating assets, reinvesting income or cash flow can provide an additional long term return source that is not as dependent on the direction of the stock market.
00:02:10.130 — 00:02:26.130 · Louis Arranz
Our team has a long track record of managing multi-asset income oriented portfolios. Whether you're planning for retirement, striving for consistent current income, or simply seeking to diversify and grow your investments, our strategies can offer a solution tailored to your investment goals.
00:02:26.890 —00:02:41.610·Justin Christofel
Carefully consider the fund's investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the fund's prospectus or, if available, the summary prospectus, which may be obtained by visiting www.blackrock.com. Read the prospectus carefully before investing.
Investing involves risk, including possible loss of principal.
Carefully consider the Fund’s investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Fund’s prospectus or, if available, the summary prospectus, which may be obtained by visiting www.blackrock.com. Read the prospectus carefully before investing.
The fund is actively managed and its characteristics will vary.
Stock and bond values fluctuate in price so the value of your investment can go down depending on market conditions.
Fund of funds are subject to the risks associated with the underlying BlackRock funds in which it invests.
International investing involves special risks including, but not limited to currency fluctuations, illiquidity and volatility. These risks may be heightened for investments in emerging markets.
Fixed income risks include interest-rate and credit risk. Typically, when interest rates rise, there is a corresponding decline in bond values. Credit risk refers to the possibility that the bond issuer will not be able to make principal and interest payments.
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