BlackRock announces new head of EMEA iShares Capital MarketsBlackRock, has promoted Leland Clemons as head of EMEA iShares Capital Markets, effective immediately. He will report into Joe Linhares, head of iShares, EMEA. Clemons will lead the iShares Capital Markets team whose clients include intermediaries, private banks and wealth managers execute ETP trades more efficiently, and ultimately enhance their investment returns. Previously Clemons as head of US iShaers Capital Markets at the firm.http://www.ftseglobalmarkets.com/
BlackRock, has promoted Leland Clemons as head of EMEA iShares Capital Markets, effective immediately. He will report into Joe Linhares, head of iShares, EMEA. Clemons will lead the iShares Capital Markets team whose clients include intermediaries, private banks and wealth managers execute ETP trades more efficiently, and ultimately enhance their investment returns. Previously Clemons as head of US iShaers Capital Markets at the firm.
The iShares Capital Markets team says that it leverages the scale and trading expertise of BlackRock, in order to help clients navigate the ETP landscape more effectively. The team claims to be positioned to help clients trade more cost efficiently by partnering with broker-dealers, trading venues and data providers across EMEA to identify the best sources of liquidity and trading data. But this new appointment is about leveraging growth opportunities in the ETF space as investing styles change.
“We expect assets under management and trading volumes in ETPs to grow significantly in Europe over the next few years. Consequently, investors will be looking for partners to help them navigate the product landscape, understand structural distinctions and implement trades effectively. BlackRock is uniquely positioned to help its clients enhance their investment process and lower their total cost of ownership,” says Joe Linhares, head of iShares, EMEA.
