DNW - Vermogensbeheerders & Investeringsfondsen Flashcards
DNW 8/3/2025 What is Alladin?
Total assets of financial institutions worldwide 2023?
Total assets of financial institutions worldwide 2023: 486.4 USD
Aladdin (Asset, Liability and Debt and Derivative Investment Network)[1] is an electronic system built by BlackRock Solutions, the risk management division of the largest investment management corporation, BlackRock, Inc. In 2013, it handled about $11 trillion in assets (including BlackRock’s $4.1 trillion assets), which was about 7% of the world’s financial assets, and kept track of about 30,000 investment portfolios.[2] As of 2020, Aladdin managed $21.6 trillion in assets.
One of BlackRock’s four data centers where Aladdin is operated is located in Wenatchee, Washington state. The network in Wenatchee consists of around 6000 computers. The software uses these computers to analyze global economic data, stock market prices and numerous other economic factors. For example, sudden changes in government, weather conditions or possible disasters are also taken into account when evaluating portfolios.[5] Aladdin is the analysis system used by BlackRock to evaluate individual investments. Its purpose is to help with risk management and it is not making trades. Aladdin is based on a pool of historical data that uses Monte Carlo simulation to select large, randomly generated samples from the very large number of possible future scenarios. This generates a statistical picture of different scenarios for equities and bonds under different future conditions. A portfolio can also be subjected to a stress test. For example, the impact of a global pandemic or a Lehman Brothers type of insolvency crisis on a portfolio of assets can be simulated in this way.[2] Clients using Aladdin include CalPERS (California Public Employees’ Retirement System) with assets of US$260 billion, Deutsche Bank with around €900 billion and Prudential plc with around US$700 billion.[6] The Bank of Israel has also used Aladdin since 2019.
DNW 8/3/2025 The amount that Alladin manages is BlackRock’s total amount?
No, that is only the part that is managed by the software. Total amount that BlackRock manages is higher.
All our pensions, mortgages, amount on the bank etc
Waarom snel ja gezegd tegen bedrijf zoals Google in krimpgemeente (bij het water voor afkoelen datacenter), waar scholen leeg lopen etc?
Omdat het banen oplevert
Bruce Springsteen’s Death to my hometown
Song about the financial crises of 2007-2008.
“Oh, no cannonballs did fly, no rifles cut us down
No bombs fell from the sky, no blood soaked the ground
No powder flash blinded the eye, no deathly thunder sound
But just as sure as the hand of God, they brought death to my hometown”
Who is Treasury Secretary of the US? Background of this person?
Scott Bessent. Former partner at Soros Fund Management. (Swamp?)
