Published On: Wed, Oct 8th, 2014

BlackRock Appoints Edward Bang As Head Of Multi-Asset Strategies, Asia Pacific

Edward Bang, Head Of Multi-Asset Strategies, Asia Pacific, Blackrock -

Edward Bang, Head Of Multi-Asset Strategies, Asia Pacific, Blackrock –

BlackRock, Inc. (NYSE: BLK) announced on 7 October that Edward Bang has been appointed as Head of Multi-Asset Strategies Asia Pacific, effective immediately.

He will build the Multi-Asset Strategies business and represent the breadth of BlackRock’s multi-asset capabilities, including investments, products, services and tools. Based in Hong Kong, Mr. Bang will report to Ryan Stork, Head of Asia Pacific; and Ken Kroner, Global Head of Multi-Asset Strategies.

Ryan Stork commented: “Multi-asset solutions play an increasingly important role here in Asia Pacific, as investors seek investment strategies that employ sophisticated asset allocation, rigorous risk management and exhaustive research to deliver outcomes tailored to their needs. Edward’s appointment underscores our commitment to boosting our local manufacturing capabilities and bringing global expertise to Asia.”

Ken Kroner added: “Edward joins BlackRock as we accelerate build-out of our multi-asset platform across the globe. He will assess the broader marketplace in Asia Pacific and deliver the breadth of our global offering, while building our multi-asset platform so we can serve clients with the solutions and value they seek.”

Mr Bang joins BlackRock from UBS Global Asset Management, where he had been Head Strategist, Asia Pacific, for Global Investment Solutions, the firm’s multi-asset capability, since January 2010. Before that, he was CEO and Head of Asia at Olivant Limited for two years, where he was one of four founding senior partners. He previously played senior equity portfolio management roles at York Capital Management, Wellington Management, Fidelity and The Boston Company.

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