2016 saw the continued acceleration of change in the world: change in the impact of technology on industries and individuals; change in global economies and politics, which could have profound implications for markets and the flow of capital; and change in demographics, which is increasing the urgency to save for retirement, as people live longer. During this time, many investors, uncertain about the future, chose to pause. As a fiduciary managing assets on behalf of our clients, BlackRock cannot pause.
What BlackRock can do — and what we must do — is see change differently. We must think differently. We must anticipate and reposition our firm in advance of change that our clients will face over time. We must be prepared to provide them with the investment advice, solutions and technology that will help them achieve their investment goals, even as those goals evolve in a constantly changing world.