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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BlackRock appoints Kimberly Kim, Head of Financial Institutions Group, Asia Pacific

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BlackRock has appointed Kimberly Kim to the newly-created post of Head of Financial Institutions Group, Asia Pacific, effective April 2018. Based in Hong Kong, Kimberly will formulate and execute an integrated business strategy targeting the region’s insurance companies. She will report to Andrew Landman, BlackRock’s APAC Head of Client Business, and David Lomas, Head of […]

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Global institutional investors braced for market risks; pursuing an active approach in 2018

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Faced with low interest rates and relatively high valuations for risk assets, large global institutional investors are looking to protect themselves against downturn risks through maintaining their cash levels and selectively increasing allocations to active strategies, according to a new survey by BlackRock. While 65% of clients plan to leave cash allocations unchanged for the […]

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Two new appointments further BlackRock Australia’s quest to enhance delivery of service to clients

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BlackRock Australia has appointed Stuart Dunn as head of wealth distribution for Northern Region, while Linda Kang has been appointed lead research relationship manager. It follows six appointments in November last year as part of a move to streamline delivery of client service by integrating BlackRock’s institutional and retail distribution teams in Australia. Jason Collins, […]

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iShares minimum volatility Smart Beta ETFs receive “Recommended(Index)*” ratings

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In its first review of the funds, research house Lonsec has awarded “Recommended(Index)” ratings to the iShares Edge Smart Beta Minimum Volatility exchange traded funds (ETFs). The two ETFs are the iShares Edge MSCI Australia Minimum Volatility ETF (ASX: MVOL) and the iShares Edge MSCI World Minimum Volatility ETF (ASX: WVOL). MVOL and WVOL seek […]

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