24/10/2025 09:30

Blackstone (BX US) $US154.98

Blackstone shares fell 5.2% overnight despite delivering a strong headline profit. While earnings were better (EPS of $US1.52 vs $US1.22 expected), driven by strong growth in Assets Under Management (AUM), the market seemed to latch onto lighter-than-expected fundraising and a slower pace of capital deployment across its flagship private equity and real estate segments.

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19/03/2025 09:31

Blackstone (BX US) $US146.19

Blackstone is one of the world’s largest alternative investment firms, specialising in private equity, real estate, hedge funds, and credit. As of the end of December 24, they managed a staggering $US1.13 trillion, which was up nearly 10% from the year prior.

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31/01/2025 09:59

Blackstone (BX US) $US177.78

Q4 results out for the world’s largest alternative asset management company in the US overnight that were solid at the top line, though some weakness in Real-Estate saw the stock pullback;

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18/10/2024 09:46

Blackstone (BX US) $169.73

A very good quarterly update from the world’s largest alternative asset manager overnight, reporting strong fund performance and flows. Assets under management (AUM) of $US1.11 trillion was up +10% YoY and mildly ahead of expectations, split fairly evenly across three key areas of Real-Estate ($325bn), Private Equity ($345bn) and Credit & Insurance ($355bn), though the growth rates in each of these areas were very different. Real-Estate AUM fell 1.9% YoY while Credit & Insurance increased by 22%.

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19/07/2024 09:27

Blackstone Inc (BX US) $US136.41

Blackstone bucked the negative trend overnight after reporting strongly: Blackstone's shares were up ~1.5% on Thursday, giving the world's largest manager of alternative assets such as private equity and corporate credit a market value of about $US165 billion

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21/03/2024 17:05

International Equities Portfolio – Amendments

We are adding to 2 positions in the International equities Portfolio

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31/01/2024 17:46

International Equities Portfolio – Amendments

We are reducing market exposure in the International Equities Portfolio

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20/10/2023 09:23

Blackstone (BX US) $US94.63

Overnight, the world's largest manager of alternative assets, such as private equity and real estate missed earnings estimates as high-interest rates weighed on asset values prompting lower than expected earnings. While higher rates were an issue, the environment for deal making is ‘slow’ to say the least which has prompted them to hold assets for longer than they usually would.

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06/10/2023 09:28

Blackstone Group (BX US) $US104.19

The world’s largest Alternative Asset Manager, Blackstone Group (BX US) has slipped around 10% over the last three weeks, bringing it back to attractive levels in our opinion – subscribers may remember the company for making a bid for Crown (CWN) back in 2022, how that sector has been transformed over the last 18-months!

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07/12/2022 09:37

Blackstone (BX US) $US78.73

The weakest link on our published list is down nearly 14% since we flagged the leading alternative asset manager as a ‘stock to buy here and now’. Since the call, a few things have happened to pressure the stock, the most notable of which was limiting withdrawals from their $100bn real-estate fund. They have a cap here (2% of net asset value monthly...

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