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"We are taking our time to see where clients demand a presence on the ground and then we will respond. At the moment, I think we serve our clients well from New York"
Armando Senra, BlackRock |
"Although we have about $10 billion under management in the region, we don’t have a footprint on the ground. Now we plan to expand our footprint and improve our coverage," says Armando Senra, the newly appointed head of Latin America at the firm.
Senra is exploring the possibility of opening offices in Brazil, Mexico and Peru, as well as building on BlackRock’s presence in Chile, which it has through parent company Merrill Lynch’s...
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