Investment management: BlackRock begins Latin American expansion

US listed asset management firm BlackRock has embarked on a renewed drive into Latin America.

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
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.

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