Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

BlackRock promotes Bolton to CIO & restructures bond desk

BlackRock promotes Bolton to CIO & restructures bond desk

BlackRock has promoted its head of European equities Nigel Bolton to chief investment officer for the EMEA and Asia regions within the firm’s Alpha Strategies group.

Bolton, who also co-manages the BGF European and BGF European Focus funds, will continue to run these strategies while taking on the role of CIO of International Fundamental Equity, reporting to Quintin Price.

BlackRock said in a statement: ‘Nigel’s expanded role will cover the EMEA and Asia Pacific regions, where he will work closely with his counterpart Chris Leavy, CIO of Fundamental Equity Americas, to deliver investment excellence across Fundamental Equity.

‘He remains Head of the European Equity Team and retains his portfolio management responsibilities.’

In his new role, Bolton will focus on investment performance across the teams.

Prior to joining BlackRock in 2008, Bolton was director and head of European Equities at Scottish Widows Investment Partnership.

He spent most of his career with Citigroup Global Asset Management, becoming managing director and head of European Equities in 1998.

In a separate move, the firm’s head of fixed income Peter Fisher has changed roles to become senior director of the BlackRock Investment Institute.

In a memo seen by Wealth Manager, Fisher will work closely with the institute’s director Lee Kempler and chief investment strategist Ewen Cameron Watt. 

As part of a reshuffle in fixed income, Rick Rieder and Kevin Holt will become co-head of Americas fixed income, while Tim Webb will continue to run EMEA and Asia Pacific fixed income, and remains CIO of Global Alpha. Peter Hayes will continue to run Tax-Exempt fixed income, reporting to Holt.

Rieder, Holt and Webb report to Quintin Price, who was appointed last year to lead the Alpha Strategies Group.

Since taking on this role, Price has worked closely with Fisher to restructure the fixed income team. In his new role, Fisher will continue to work with Price and the heads of the different fixed income groups.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play JPM’s Negyal: Back divis to temper EM volatility

JPM’s Negyal: Back divis to temper EM volatility

Omar Negyal, co-manager of the JPMorgan Global Emerging Markets Income trust, says a dividend approach to emerging markets reduces the volatility of investing in the asset class.

Play WMR: Why Russia will lose this war

WMR: Why Russia will lose this war

Author and journalist Adam Lebor believes a perfect storm is brewing when it comes to the Russian economy. .

Play WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

Chief economic adviser to London mayor Boris Johnson outlines the geo-political risks in Asia and explains why the risk of another eurozone crisis must not be underestimated.

Your Business: Cover Star Club

Profile: 'new normal' now is as dangerous as when it was applied to tech

Profile: 'new normal' now is as dangerous as when it was applied to tech

7IM's CIO Chris Darbyshire says he has been re-energised by his new role, but has little time for 'new normal' doom-mongers

Wealth Manager on Twitter