BlackRock Inc. & Apollo
Global Management
SM131 Team 5 Presentation 1
Team & Roles
Leader
Secretary
Head Researcher
Yimei (Emily) Zhao
Joanne Tran
Jack Matott
Meeting Organizer
Head Presenter
Task Distributor
Matan Kaplun
Overview
Companies
Mardiya Rafat
Ryan Joyce
Distinctions
Reputation
ESG
Creating a
Customer
Short/Long term
Conclusion
Table of Contents
01
02
03
Industry Overview
What do BlackRock and Apollo do?
What distinguishes them from others?
05
06
ESG impact and Recent Events
Short-Term and Long-Run Outlooks
Overview
Companies
Distinctions
Reputation
ESG
04
How they built their reputation
07
08
Creating a
Customer
Conclusion
Creating a
Short/Long term
Conclusion
BlackRock Inc. & Apollo Global Management
●
Cash Funds
●
Yield Business
●
Commodity Funds
●
Hybrid Business
●
Stocks and bonds
●
Equity Business
10 trillion in assets
532 billion in assets
Alternate Investments
Overview
Companies
Distinctions
Reputation
ESG
Creating a
Customer
Short/Long term
Conclusion
How are these
Companies
Different? -Apollo is, in contrast to BlackRock, a smaller asset
manager company
-Apollo is a hedge fund, their business model being
more high risk and high return
-Apollo’s goal as a business is to receive higher than
average investment returns for their customers
Overview
Companies
Distinctions
Reputation
ESG
Creating a
Customer
Short/Long term
Conclusion
BlackRock is the first of its kind to have
investments totaling
$10,000,000,000
Making it one of the largest asset management
companies in the world
Overview
Companies
Distinctions
Reputation
ESG
Creating a
Customer
Short/Long term
Conclusion
ew
A “Sustainable” Reputation
Companies
Distinctions
Reputation
ESG
Creating a
Customer
Short/Long term
Conclusion
Primary Shareholders
Sustainable Investments
CSV
BlackRocks and Apollo
Overview
Companies
Distinctions
Primary
Shareholders
Reputation
ESG
Creating a
Customer
Short/Long term
Conclusion
ESG Ratings
How does ESG ratings affect the actions of these asset
management firms?
Overview
Companies
Distinctions
Reputation
ESG
Creating a
Customer
Short/Long term
Conclusion
BlackRock ESG
Environment
●
●
●
AA
Social
●
Tar sand oil companies
Deforestation of the
Amazon Rainforest
Emit fossil fuels and
carbon dioxide
10.0
Overview
Companies
No evidence of
compliance audit
(security policies, user
access controls, risk
management
procedures)
4.9
Distinctions
A
Reputation
5.8
ESG
Creating a
Customer
Short/Long term
Conclusion
Apollo ESG
B
●
●
●
●
●
Overview
Companies
Distinctions
Reputation
BB
Quota
Carbon emissions
Investing
Future
ESG rating synopsis
ESG
Creating a
Customer
Short/Long term
Conclusion
Apollo Quota
apollo-2021-esg-report-final.pdf
Overview
Companies
Distinctions
Reputation
ESG
Creating a
Customer
Short/Long term
Conclusion
Apollo: Environmental
apollo-2021-reporting-program-summary-final.pdf
Overview
Companies
Distinctions
10.0
Reputation
ESG
Creating a
Customer
Short/Long term
Conclusion
Apollo: Social
4.3
apollo-2021-reporting-program-summary-final.pdf
Overview
Companies
Reputation
ESG
Creating a
Customer
Short/Long term
Conclusion
Apollo: Governance
5.7
apollo-2021-reporting-program-summary-final.pdf
Overview
Companies
Distinctions
Reputation
ESG
Creating a
Customer
Short/Long term
Conclusion
Creating A New Customer
x
●
Largest ever ABS offering of music rights in history (1.8B)
Overview
Companies
Distinctions
Reputation
●
●
ESG
“Voting Choice” Program
“Revolution in shareholder democracy”
Creating a
Customer
Short/Long term
Conclusion
https://seanheritage.com/blog/long-term-stewardship/
Short-Term
and
Long-Term Outlooks
Overview
Companies
Distinctions
Reputation
ESG
Creating a
Customer
Short/Long term
Conclusion
Short-Term for BlackRock
Glassdoor
Overview
Companies
Distinctions
Reputation
ESG
Creating a
Customer
Short/Long term
Conclusion
Short-Term for BlackRock
Google Finance
Overview
Companies
Distinctions
Reputation
ESG
Creating a
Customer
Short/Long term
Conclusion
Short-Term for Apollo
Glassdoor
Overview
Companies
Distinctions
Reputation
ESG
Creating a
Customer
Short/Long term
Conclusion
Short-Term for Apollo
Google Finance
Overview
Companies
Distinctions
Reputation
ESG
Creating a
Customer
Short/Long term
Conclusion
Challenges these firms are faced with today
Current Economy
Asset management firms are
especially impact by the
current trends
Competitors
The rise in popularity of
“Robo Advisors”
BlackRock’s Response
Overview
Companies
Distinctions
Reputation
ESG
Creating a
Customer
Short/Long term
Conclusion
BlackRock’s Long-Term Goals
Overview
Companies
Distinctions
Reputation
ESG
Creating a
Customer
Short/Long term
Conclusion
Apollo’s Long-Term Goals
Overview
Companies
Distinctions
Reputation
ESG
Creating a
Customer
Short/Long term
Conclusion
Conclusion
Apollo Global Management
●
●
●
Overview
Companies
Distinctions
Reputation
Company overview
ESG
Future
ESG
Creating a
Customer
Short/Long term
Conclusion
THANK YOU!!
Citations
●
●
●
●
●
●
●
●
●
●
●
●
●
“Top Ten Reasons to Protest Blackrock.” CODEPINK, https://www.codepink.org/top_ten_reasons_to_protest_blackrock. Accessed 12 Feb. 2023.
“Committed to Sustainability.” BlackRock, https://www.blackrock.com/sa/professional/en/about-us/committed-tosustainability#:~:text=In%20January%202021%2C%20we%20committed,Chairman%20and%20CEO%2C%20Larry%20Fink. Accessed 12 Feb. 2023.
Compare Apollo Global Management vs Blackrock - Glassdoor. https://www.glassdoor.com/Compare/Apollo-Global-Management-vs-BlackRock-EI_IE2715E9331.htm. Accessed 12 Feb. 2023.
“BlackRock, Inc. - Summary”. MSCI ESG Direct. esgdirect-msci-com.ezproxy.bu.edu/. Accessed 11 Feb. 2023.
“BlackRock Reviews”. Glassdoor. www.glassdoor.com/Reviews/BlackRock-Reviews-E9331.htm. Accessed 11 Feb. 2023.
“Apollo Global Management Reviews”. Glassdoor. www.glassdoor.com/Reviews/Apollo-Global-Management-Reviews-E2715.htm. Accessed 11 Feb. 2023.
“Robo-Advisors An Introduction”. Charles Schwab. www.schwab.com/automated-investing/what-is-a-robo-advisor. Accessed 11 Feb. 2023.
“Our Purpose, Where We Stand”. BlackRock. www.blackrock.com/corporate/where-we-stand. Accessed 11 Feb. 2023.
“Expanding Opportunity”. Apollo. www.apollo.com/esg-corporate-social-responsibility/our-esg-initiatives. Accessed 11 Feb. 2023.
“Company Profile, BlackRock Inc”. MarketLine. 25 Oct. 2022. web-s-ebscohost-com.ezproxy.bu.edu/bsi/pdfviewer/pdfviewer?vid=2&sid=f28489d7-afc1446e-ac4a-b2d9bb9cba95%40redis. Accessed 11 Feb. 2023.
“Company Profile, Apollo Global Management Inc”. MarketLine. 17 Nov. 2022. web-s-ebscohostcom.ezproxy.bu.edu/bsi/pdfviewer/pdfviewer?vid=4&sid=f28489d7-afc1-446e-ac4a-b2d9bb9cba95%40redis. Accessed 11 Feb. 2023.
“Apollo Global Management Ord Shs”. Google Finance. www.google.com/finance/quote/APO:NYSE?sa=X&ved=2ahUKEwil2py98Yv9AhUSF1kFHVf4BMQ3ecFegQIJxAY. Accessed 11 Feb. 2023.
“BlackRock Inc”. Google Finance. www.google.com/finance/quote/BLK:NYSE?sa=X&ved=2ahUKEwjnsK_y7Iv9AhXHFFkFHTGJBM8Q3ecFegQIIhAY.
Accessed 11 Feb. 2023.
Citations (cont.)
●
●
●
●
●
●
●
●
●
●
“ESG investing Impact review”.Apollo.ESG Investing at Apollo Global Management: Download Our Impact Report | Apollo Global Management.
Accessed 11 Feb. 2023
“Sustainability at Apollo”. Apollo. Sustainability at Apollo | Apollo ESG Annual Report Executive Summary Volume 13. Accessed 11 Feb. 2023
“Exclusive Apollo targets $50 bln in sustainable investments with new platform”. Reuters. EXCLUSIVE Apollo targets $50 bln in sustainable
investments with new platform | Reuters. Accessed 11 Feb. 2023.
“What Is Asset Management, and What Do Asset Managers Do?”. Investopedia. https://www.investopedia.com/terms/a/assetmanagement.asp
Accessed on Feb. 12, 2023
Apollo’s Next Flagship Fund to Skip Fossil Fuels, After “Intense Pressure” and Losses. Pestakeholder. Apollo’s Next Flagship Fund to Skip Fossil
Fuels, After “Intense Pressure” and Losses - Private Equity Stakeholder Project PESP (pestakeholder.org). Accessed 11 Feb. 2023
“Concord Prices $1.8 Billion ABS to Finance Corporate Growth Strategy” https ://www.apollo.com/media/press-releases/2022/12-08-2022
Accessed 10 Feb. 2023
“BlackRock Expands Voting Choice to Additional Clients” https://www.blackrock.com/corporate/newsroom/press-releases/article/corporateone/press-releases/2022-blackrock-voting-choice Accessed 11 Feb. 2023
“Apollo Sees Aum Rise for Quarter, Year on Strong Inflows.” Pensions & Investments https://www.pionline.com/money-management/apolloglobal-managements-aum-rises-quarter-year-strong-inflows. Accessed 11 Feb. 2023
“Total assets under management (AUM) of BlackRock from 2008 to second quarter 2022. Statistica.
https://www.statista.com/statistics/891292/assets-under-management-blackrock/. Accessed 11 Feb. 2023”
“Asset Management: Get Expert Help to Manage Your Money”. Forbes Adviser. https://www.forbes.com/advisor/investing/financial-advisor/whatis-asset-management/. Accessed 11 Feb. 2023