BlackRock appoints Tony Tang Head of China

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BlackRock has announced the appointment of Tony Tang as Head of China, effective July 2019. In his role, Mr Tang will oversee development and execution of the firm’s long-term business strategy in China. He will work closely with colleagues, clients, partners, and regulators alike while representing the firm’s China capabilities to BlackRock’s global client base. […]

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BlackRock appoints Andrew Landman Head of Australasia

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BlackRock has appointed Andrew Landman Head of Australasia. He succeeds Dominik Rohé, who takes over as Head of the Latin America region. Mr Landman takes up his new post in June, while continuing to play his existing role as Head of Asia Pacific Client Business. He will return to Sydney from Hong Kong once his […]

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BlackRock launches Australia’s first ESG-focused Australian Bond Index Fund

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BlackRock Investment Management (Australia) Limited (BlackRock) has announced the launch of its new unlisted ESG-focused Australian Bond Index (ESGABI) fund. The fund, benchmarked to a customised Bloomberg Barclays MSCI SRI ESG-Weighted Australian Aggregate A$100M Index, provides Australian institutional and retail investors with diversified, low-cost access to the local fixed income market with enhanced ESG outcomes. […]

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An open letter to business leaders

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Each year, I write to the companies in which BlackRock invests on behalf of our clients, the majority of whom have decades-long horizons and are planning for retirement. As a fiduciary to these clients, who are the owners of your company, we advocate for practices that we believe will drive sustainable, long-term growth and profitability. […]

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Blackrock appoints Geraldine Buckingham as chair and head of Blackrock Asia Pacific

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BlackRock, Inc. (NYSE: BLK) has appointed Geraldine Buckingham as Chair and Head of BlackRock Asia Pacific, succeeding Ryan Stork, who becomes Deputy Global Chief Operating Officer, based in New York. Both appointments take effect February 2019 and Ms. Buckingham will relocate to Hong Kong from New York. Laurence D. Fink, BlackRock’s Chairman and CEO, said: “Asia-Pacific is one of BlackRock’s most critical priorities. […]

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BlackRock 2019 Asia Investment Outlook

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BlackRock investment professionals have set out their investment outlook for 2019 on the Asian equities and credit markets. The year 2019 could be this year’s mirror image when risk assets declined as many countries faced external headwinds amid a strong backdrop for earnings and economic growth globally. The Asia Pacific region leads the emerging world […]

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Insurers ready to increase risk exposure as macroeconomic concerns abate

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Despite challenging market conditions and profitability remaining under continued pressure, insurers are in a relatively upbeat mood and ready to take on more risk, according to a study commissioned by BlackRock. “Searching for better returns”, BlackRock’s seventh annual global survey of 372 senior insurance executives across 27 countries in the insurance and reinsurance sectors, representing […]

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BlackRock’s cross-listed iShares to be restructured as Australian funds

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BlackRock is proposing, subject to investor approval, to simplify the way fourteen of our iShares ETFs are offered on the Australian Securities Exchange (ASX). The ASX offer of these fourteen U.S. domiciled iShares ETFs will be converted to new Australian domiciled iShares ETFs. The change is planned to start in July, after the Australian financial […]

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Powell’s congressional testimony displays commitment to threading-the-needle between goal attainment and overheating

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Rick Rieder, BlackRock’s Chief Investment Officer of Global Fixed Income, regarding FOMC Chair Powell’s testimony before the U.S. Congress. Since the late-1970s, when Congress mandated that the Federal Reserve provide it with semiannual updates on the state of the economy and monetary policy, market observers have scrutinized those remarks to try to discern the future […]

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The stock swoon in context

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Global equity markets suffered a sharp reversal in early February after notching a string of record highs. We believe the slide is mainly driven by an unwinding of popular trades betting on low equity volatility. The near-term outlook is highly uncertain, as sentiment shifts can stoke large market swings. Yet we believe investors should take […]

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