BlackRock, a New York-based global investment management and risk management provider best known for its fixed income expertise, is looking to grow its regional business beyond its beachheads in Hong Kong and Australia. The firm established its Hong Kong office three years ago under Stewart Carracher, and this summer Edward Troughton transferred from the firm's Edinburgh office to take responsibility for the region.
The firm has a separate business in Japan, a joint venture called Nomura BlackRock Asset Management, which was founded in 1999. In Australia, it has an alliance with BT Financial Group to sell its global fixed-income services to domestic institutions.
BlackRock...
