BlackRock today announced the appointment of Charlie Lanchester as Head of Australian Fundamental Equities, and Madeleine Beaumont as Senior Portfolio Manager, Australian Fundamental Equities.
The appointments represent an expansion of BlackRock’s investment capabilities and reflect widening investor appetites for the compelling investment opportunities throughout the region as BlackRock grows its business in Australia and Asia Pacific.
Charlie was previously the Deputy Head of Australian Equities at Perpetual Investments, where he worked for 14 years and had primary responsibility for a number of portfolios. Prior to that Charlie was an analyst at Platinum Asset Management in Sydney and started his career at Schroders in London.
Madeleine has more than 20 years’ experience in funds management and stockbroking, holding numerous senior roles including Fund Manager and Head of European Research at M&G Investments in London, and Equity analyst at Skandinaviska Enskilda Banken (London) and Salomon Brothers (Sydney).
Charlie and Madeleine start at BlackRock on 1 June 2015, and will be charged with building out a fundamental equities team and developing a product offering for clients. Charlie will report to Belinda Boa, the Hong Kong based Chief Investment Officer of Alpha Strategies, Asia Pacific.
Announcing the appointments, Justin Arter, Country Head of BlackRock Australia said:
“It is important for the future of BlackRock Australia that we participate in all the major investment areas of our clients, and fundamental equities is a core component for investors in Australia.”
“The BlackRock Australia business will benefit greatly from having a fundamental equities team alongside our domestic fixed income, multi-asset, property and scientific active equities businesses.”
“Charlie and Madeleine will add a new dimension to BlackRock Australia which has grown strongly over the past three years.”
Belinda Boa added:
“The Australian market holds a lot of opportunity for top-performing fundamental equity teams, whether raising assets locally or supplementing global mandates managed elsewhere. By bringing top investors like Charlie and Madeleine to BlackRock, we are building our fundamental equity capabilities here and world-wide and complementing the successful quantitative equity work already under way in Australia.”
BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. At March 31, 2015, BlackRock’s AUM was $4.774 trillion. BlackRock helps clients meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares® (exchange-traded funds), and other pooled investment vehicles. BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®. Headquartered in New York City, as of March 31, 2015, the firm had approximately 12,300 employees in more than 30 countries and a major presence in key global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa. For additional information, please visit the Company’s website at www.blackrock.com
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