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
Australian and New Zealand sustainable funds saw outflows of more than $1.2 billion in the second quarter of 2024, according to Morningstar, with active strategies accounting for the majority.
Maple-Brown Abbott has finalised an agreement to be acquired by a rival fund manager to create a firm with $18.6 billion in assets under management, just two months after its former CEO exited to lead Magellan.
Following a strategic review, Platinum has announced it will merge its two listed investment companies with two of its quoted managed hedge funds.
With potential US interest rate cuts on the horizon, Income Asset Management believes now is an ideal time to be investing into the corporate bond market.
