BlackRock Global Investment Management targets Brazil and Argentina in LatAm expansion plans

BlackRock is setting its sights on Brazil with the aim of developing and expanding its business to offer a full range of asset management services to local investors. In an interview with Citywire Americas, BlackRock’s head of Latin America and Iberia, Armando Senra, said that after becoming a key player in Mexico through the acquisition of Citibanamex’s asset management unit, its next major target was Brazil. ‘It’s not just the distribution side, now with the Citibanamex acquisition we will be a full…
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