BlackRock Expands Preqin Benchmarks to Standardize Private Markets Performance Measurement
Event summary
- BlackRock has expanded its Preqin Benchmarks and Indices solutions to provide investors with integrated reporting-grade indices and customizable peer benchmarks.
- The enhanced solution covers over 10,000 funds representing $13 trillion in assets, combining closed-end fund-level indices, asset-level indices, and more than 140,000 peer benchmarks.
- The data is available across the Aladdin ecosystem, including Preqin Pro, Aladdin, eFront, and Aladdin Wealth, embedding benchmarking into portfolio construction and performance measurement workflows.
The big picture
As private markets grow in institutional and wealth portfolios, the need for standardized performance measurement has become critical. BlackRock’s expansion of Preqin Benchmarks addresses long-standing fragmentation in private markets benchmarking, offering investors a unified solution for consistent risk and performance analysis across asset classes.
What we're watching
- Adoption Pace
- How quickly institutional and wealth investors will integrate the standardized benchmarks into their workflows.
- Data Quality
- Whether Preqin’s LP-sourced daily cash flow data can maintain accuracy and consistency across diverse private markets assets.
- Competitive Response
- How competitors like MSCI, Morningstar, or alternative data providers will react to BlackRock’s move toward a common performance measurement standard.