BlackRock building ETF, income and multi-asset offerings
The fund manager's global head of client relationships is counting on institutional flows for growth in the iShares business.
Income, multi-asset and exchange-traded fund (ETF) products are three areas in which BlackRock expects to see swift growth globally and particularly in Asia in the next year or so.
Robert Fairbairn, head of the US-based fund manager's global client group in New York, outlined the rationale for this to AsianInvestor while he was in Hong Kong last week. He looks after all global client businesses, including pension funds, endowments, insurers and sovereign wealth funds, as well as i…
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