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BlackRock Inc. (BLK)
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KKR & Co. Inc. (KKR)
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Blackstone Inc. (BX)
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Brookfield Corporation Class A Limited Voting Shares (BN)
Q: Dear Peter et al:
To a question today on KKR, you had mentioned that you wouldn't be averse to adding to KKR "s position slowly.
Recently Larry Berman one of BNN Bloomberg's regular told the viewers that he has sold his equity and moved all into private equity and private credit lending. He didn't mention which private equity he bought !
BLK,BX,KKR,BN ...which is your favourite now? Anything else that catches your attention?
Many thanks.
To a question today on KKR, you had mentioned that you wouldn't be averse to adding to KKR "s position slowly.
Recently Larry Berman one of BNN Bloomberg's regular told the viewers that he has sold his equity and moved all into private equity and private credit lending. He didn't mention which private equity he bought !
BLK,BX,KKR,BN ...which is your favourite now? Anything else that catches your attention?
Many thanks.
5i Research Answer:
Each asset manager has a different risk/reward profile and a specialization in the type of assets under management. For example, BLK is the largest scale players in ETF products, while BX is the largest player in the real estate segment, etc.
For reinvestment potential that could compound value over time, we would side with KKR and BN.
For dividend growth along with stability in fee related earnings we would go for BAM, ARES, BX, APO.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in BLK.