After he leaves the CPPIB, where will Mark Wiseman fit in at BlackRock?

, Bitcoin

Mark Wiseman will be responsible for BlackRock’s global active equity business, in charge of over US$275 billion in equity-based investment strategies.

TORONTO — From overseeing a portfolio of $273 billion in assets to leading US$275 billion in “investment strategies,” the head of Canada’s largest pension plan is leaving to join the world’s largest asset manager.

But where will Mark Wiseman, who will step down as CEO of the Canada Pension Plan Investment Board on June 13, fit in when he joins BlackRock Inc. as a Senior Managing Director in September?

Wiseman, 46, will be responsible for BlackRock’s global active equity business, which will put him in charge of “over US$275 billion in equity-based investment strategies” around the world, the company said. He will also be appointed to BlackRock’s Global Executive Committee and chair its Global Investment subcommittee. At CPPIB, Wiseman made a name for himself by opening offices and pursuing investments abroad, particularly in South America and South Asia.

Wiseman’s new role could technically amount to a step back in seniority, seeing a big fish move into a much bigger pond. New York-based BlackRock, the world’s biggest money manager, oversees assets of US$4.7 trillion.

Related

No Comment

  • Lorsque nous répertorions un site, il a été utilisé par nos critiques, le logiciel a été téléchargé pour être sûr qu’il
    est facile à installer et à utiliser, et que la qualité du son et
    des graphismes assure une bonne sensation du
    jeu à nos joueurs.

Leave a Reply

*