This general information pertains to the manager responsible for the day-to-day management of the portfolio(s) available through Pacific Life's variable products and the information presented may not relate specifically to the available portfolio(s). The information is provided by and used with the permission of this manager.
BlackRock® is a premier provider of global investment management, risk management and advisory services to institutional and retail clients around the world. Through BlackRock Solutions® - the natural evolution of their long-standing investment in developing sophisticated and highly integrated systems - they offer risk management, strategic advisory and enterprise investment system services to a broad base of clients with portfolios totaling more than US $7 trillion as of December 31, 2008. BlackRock's assets under management total US $1.31 trillion across equity, fixed income, cash management, alternative investment and real estate strategies.
Investment & Risk Management
BlackRock offers an array of investment products. Their expertise spans asset classes from equity, fixed income and cash management to alternative investments and real estate and includes open- and closed-end funds—as well as individually tailored portfolios, separately managed accounts (SMAs), private placements and sub-advised accounts.
BlackRock is a truly global enterprise. They serve clients in North and South America, Europe, Asia, Japan, Australia and the Middle East. Headquartered in New York, the firm maintains offices in 19 countries around the world. Over one-third of their total assets are managed on behalf of non-U.S. investors, and nearly one-third of their employees live and work outside of the United States.
Equity Investment Capabilities
BlackRock’s equity investment philosophy combines focused portfolio management, proprietary research and significant firm-wide resources.
Fixed Income Investment Capabilities
BlackRock has long been known among investment industry professionals for its fixed income expertise. They offer an array of taxable and tax-exempt fixed income products designed to meet a variety of client risk/return profiles and add value in all market environments.
Alternative Investments and Real Estate
BlackRock manages a variety of alternative investments and real estate strategies.
Management Style
To deliver creative solutions to investment challenges, BlackRock has long focused on a cross-disciplinary team approach in which clients benefit from the pooled expertise of the firm's resources: investment and risk management professionals and their internally developed analytical tools. In addition to excellent performance, BlackRock is committed to delivering a high level of service tailored to the needs of each client. BlackRock's client base includes corporate, public, union and industry pension plans; insurance companies; third-party mutual funds; endowments; foundations; charities; corporations; official institutions; banks; and individuals worldwide.
Portfolios Managed
Pacific Select Fund
BlackRock Variable Series Funds, Inc.
Data as of December 31, 2008.
Small company stocks may entail higher risk and greater volatility than the stocks of larger and more established companies.
Special risks such as currency fluctuations and political changes should be considered with international investing.
Although some portfolios may have names or investment objectives that resemble retail mutual funds managed by the portfolio manager, these portfolios will not have the same underlying holdings or performance as the retail mutual funds.
You should carefully consider a variable life insurance product’s risks, charges, limitations and expenses, as well as the risks, charges, expenses and investment objectives of the underlying investment options. The accompanying product and underlying fund prospectuses contain this and other information about Pacific Life. Read them carefully before investing or sending money.
Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Insurance products are issued by Pacific Life Insurance Company in all states except New York, and in New York by Pacific Life & Annuity Company. Product availability and features may vary by state. Each company is solely responsible for the financial obligations accruing under the products it issues, and its product and rider guarantees are backed by that company’s financial strength and claims-paying ability.
This material may only be used in New York.
"BlackRock" in this context refers to the global enterprise, BlackRock Inc., and includes its subsidiary entities, such as BlackRock Advisors, LLC, (as adviser to the Basic Value V.I. Fund and the Global Allocation V.I. Fund), BlackRock Investment Management, LLC, ( which manages the Basic Value V.I. Fund and a portion of the Global Allocation V.I. Fund and manages the Pacific Select Fund's Equity Index and Small-Cap Index portfolios), BlackRock Capital Management, Inc., (which manages the Pacific Select Fund's Mid-Cap Value portfolio), and BlackRock International Limited, (which manages a portion of the Global Allocation V.I. Fund).
Pacific Select Fund portfolios are available only through Pacific Life's variable products.
Shares of BlackRock Variable Series Funds, Inc. are distributed by BlackRock Investments, Inc.
The BlackRock Variable Series Funds is not affiliated with Pacific Life.
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