BlackRock’s EM shuffle puts Asia centre stage
The asset manager has put its global emerging markets head in Asia and added other staff there, underlining the importance of the region both to the firm and within the EM universe.
BlackRock has reshuffled the management of its global emerging markets (GEM) division, which sees the team’s leadership relocated to Asia Pacific and additional staff appointed in the region.
Effective on March 29, Andrew Swan, Hong Kong-based head of Asian equities, has seen his role expanded to include oversight of GEM equity.
Luiz Soares, New York-based head of global emerging markets, will leave the US fund house, a spokeswoman told AsianInvestor.
BlackRock has also named …
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