BlackRock recruits from NAB

appointments/macquarie-bank/financial-markets/national-australia-bank/portfolio-manager/risk-management/

1 June 2011
| By Milana Pokrajac |

BlackRock Investment Management has recruited a former National Australia Bank proprietary trader to manage one of its global funds.

Evan Jones has been appointed senior portfolio manager for the BlackRock Asset Allocation Alpha Fund and will report to lead portfolio manager David Hudson.

Jones joined BlackRock with 17 years of experience in financial markets, having previously worked for the Royal Bank of Canada, Macquarie Bank and Société Générale.

Strategies adopted in the Asset Allocation Alpha Fund are thematic and concentrate on exploiting trends, likely developments and mis-pricing in global asset markets, BlackRock stated.

Announcing the appointment, Hudson said Jones’ risk management philosophy was aligned with BlackRock’s, and that the company respected his fundamental approach to investing.

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