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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…
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