Investment manager Blackrock has announced the amalgamation of its institutional and retail distribution teams in Australia, and has made several appointments.
Blackrock claims the changes will improve service to clients by streamlining delivery of the firm’s global investment capabilities and technology solutions.
In a new role, Jason Collins (pictured left) becomes Head of Client Business partnering with Head of iShares Jon Howie and James Crozier, representing Blackrock Solutions.
Heading Down Under
Over the next month Blackrock’s client business will also benefit from a number of additional appointments. Paula Gigler (pictured left) from Vanguard will join Blackrock in iShares as a Vice President covering private banks and brokers, while James Stewart joins as an Associate from FIIG Securities to cover iShares in New South Wales and Queensland.
Dan Annan, Vice President, relocates from San Francisco to join the iShares fixed income distribution team, and Stuart Anderson, Director, relocates from London to join the Transition Management and Market Structure team.
Blurred Line in Australia
Dylan Wedande joins from Rothschild Wealth Management U.K. to work as an associate in the Melbourne institutional team, while Jackson Lee joins from BT Financial Group as an analyst in the research house relations team.
«Regulatory reform, advances in portfolio risk and compliance technology, as well as developments in advice and retirement solutions, have blurred the line between Australia’s institutional and wealth sectors. This creates enormous opportunities for the superannuation and advice industry,» said Dominik Rohe, Country Head for Blackrock Australia.