BlackRock makes new appointments
BlackRock Australia has strengthened its client services with the appointments of Stuart Dunn as head of wealth distribution for Northern region while Linda Kang has been appointed as lead research relationship manager.
The company said the move followed six appointments made in November and was a part of a strategy to streamline the delivery of client services by integrating BlackRock Australia’s institutional and retail distribution teams.
Dunn has joined from Perpetual Investments, where he spent nine years, while Kang previously worked for Challenger/Fidante Partners in the national key accounts team for research houses.
BlackRock’s head of client business in Australasia, Jason Collins, said: “The landscape to serve institutional and wealth sectors has evolved along with regulatory reform, advances in portfolio risk and compliance technology, as well as developments in advice and retirement solutions”.
“Investing in client services is imperative to capture the opportunities that these changes brought to the superannuation and advice industry,” he said.
“The appointments reflect BackRock’s focus on building meaningful and sustainable partnerships with clients to help facilitate better outcomes for the broader investor community.”
AUTHOR
Oksana Patron
Recommended for you
Women are expected to inherit US$124 trillion through the intergenerational wealth transfer, but Capital Group has found they are twice as likely to rely on social media for advice over a financial adviser.
Challenger Investment Management has raised $350 million during the offer period for its new ASX-listed investment structure.
A week after Lonsec downgraded multiple funds from Metrics Credit Partners, rival research house Zenith Investment Partners has opted to retain its ratings for the same funds.
Strong adviser engagement has helped Praemium reach $1 billion in inflows on its Spectrum offering, with a deal with Western Australian wealth firm Euroz Hartleys expected to add as much as $2 billion.
