Bob Doll named chief equity strategist in BlackRock shuffle

Robert Doll has the new title of chief equity strategist for BlackRock's fundamental equities platform, one of a number of changes the money management giant announced internally today.
MAR 23, 2010
Robert Doll has the new title of chief equity strategist for BlackRock's fundamental equities platform, one of a number of changes the money management giant announced internally today. Mr. Doll will continue to manage BlackRock's U.S. Large-Cap Series portfolios, lead the “internal investment debate” within the fundamental equities division and be the point man for clients and the media on questions of broad equity strategy, according to the announcement. Quintin Price, chief investment officer for Europe, Middle East and Africa, assumed Mr. Doll's role as head of fundamental equity, overseeing portfolio management, trading and management of the investment staff, while setting the fundamental equity business' priorities and strategic direction. He will retain his previous responsibilities as CIO of EMEA. Paul Walker-Duncalf was named head of fundamental equity trading, a new position with global responsibility to ensure best execution and minimal trading costs as equity trading becomes increasingly global in nature. Mr. Walker-Duncalf will retain his responsibilities as head of international fundamental equity trading. Jon Clark, head of fundamental equity trading for the Americas, will report to Mr. Walker-Duncalf. As of February, BlackRock's active fundamental equities business had $210 billion in assets overseen by 240 investment professionals. BlackRock also announced personnel changes in its quantitative scientific active equity platform, which has $145 billion in client assets and 170 investment professionals globally. Morry Waked , chief investment officer of scientific active equity as well as the head of BlackRock's Australia SAE business, will be leaving the firm by the third quarter of 2010. A BlackRock spokesman had no information on Mr. Waked's plans. Blake Grossman, a vice chairman at BlackRock overseeing the businesses the company obtained through its recent acquisition of Barclays Global Investors, assumed Mr. Waked's role as CIO as well as the hands-on role of head of BlackRock's scientific active equity group. He will continue overseeing the firm's index equity, capital markets, global market strategies and multiasset client solutions businesses, each led by its own management team. Andrew Jackson has taken on Mr. Waked's other role as head of BlackRock's Australia SAE business.

Latest News

Advisor moves: Atlas tops $1B as Wells Fargo, UBS add bank veterans
Advisor moves: Atlas tops $1B as Wells Fargo, UBS add bank veterans

Wells Fargo adds two bank-channel recruits, UBS lands a JPMorgan Chase veteran, and a multi-family office lifts Atlas past $1B

Advisor mom’s son used her password to log into clients’ accounts, sell deal with conflicts, according to Washington state
Advisor mom’s son used her password to log into clients’ accounts, sell deal with conflicts, according to Washington state

“The state comes down on you in years when you make 40% returns for clients,” said Bill Swayne, the advisor and son of Candace Swayne.

Osaic in talks with Anthropic as AI reshapes advisor workforce
Osaic in talks with Anthropic as AI reshapes advisor workforce

The Independent broker-dealer giant has had “active conversations” with the Claude maker, which is days away from its expected IPO

The retirement milestone advisors aren't tracking
The retirement milestone advisors aren't tracking

For Gen X clients entering life after work, answering the financial question isn't enough to solve the entire retirement equation.

Wealthtech firms target stock pay, pensions and heirs for advisors
Wealthtech firms target stock pay, pensions and heirs for advisors

Tools from Grantd, Income Lab and Healthspan Wealth aim to keep RIAs involved in clients’ biggest money decisions

SPONSORED Best Practices for Engaging Women Around Alternatives

Growing wealth, evolving priorities, and untapped opportunities are reshaping how women approach long-term investing.

SPONSORED Built on insurance experience to deliver on long-term promises

Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.