BlackRock Aladdin expands Preqin benchmarks

BlackRock Aladdin announced the expansion of its Preqin Benchmarks and Indices solutions, integrating reporting-grade indices and customizable peer benchmarks into a single platform. The enhanced solution covers over 10,000 funds representing more than $13 trillion and includes over 140,000 peer benchmarks. It is available across the Aladdin ecosystem, including Preqin Pro, Aladdin, EFront, and Aladdin Wealth. The move aims to bring greater transparency, consistency, and standardization to private markets performance and risk analysis, addressing historical fragmentation in benchmarking. Kunal Khara, Global Head of Aladdin Product at BlackRock, emphasized the importance of combining Preqin's data with BlackRock's technology to embed high-quality benchmarks into investment workflows.