BlackRock strengthens digital strategy, iShares distribution


By

July 13, 2017

BlackRock today announced the appointment of Katie Petering to the role of Head of Asset
Manager Sales, iShares, Australia as it expands its distribution team to meet the rapidly-­rising demand for ETFs from
Australian and New Zealand institutional investors.
Reporting to Jon Howie, Head of iShares and index investing, Australia, and working with local and global teams, Katie
will lead efforts to develop and tailor investment solutions for traditional asset managers, insurers, banks and pension
funds, and will act as thought leader on the important issues facing institutional investors – from portfolio construction
and risk management, to trading and liquidity management, and regulatory change. With 17 years’ experience in
financial markets across equities, fixed income and derivatives, in both Australia and Hong Kong, Katie brings extensive
market expertise and leadership experience. Most recently, Katie established and led the Private Investor Product Group
at Goldman Sachs, Australia;; a role she held for 13 years.
Commenting on the appointment, Jon Howie, Head of iShares and Index Investing Australia and Head of Equity Index
Product Strategy, Asia Pacific, said: “I’m delighted to have an individual of such high calibre as Katie join our expanding
iShares team. As the leading industry ETF provider in Australia and globally, iShares constantly seeks to deliver ever
greater value to our clients, via innovative product offerings and an in-­depth understanding of the needs and preferences
of institutional investors. Katie’s appointment is a significant step forward in that endeavour, and will be of great value
to our institutional clients as we continue to evolve our ETF solutions.”
The appointment follows iShares’ recent launch of two institutional-­quality cash ETFs (iShares Core Cash ETF (Ticker:
BILL) and iShares Cash ETF (Ticker: ISEC)) designed to address the demand for truly liquid and transparent cash
instruments, at the lowest cost available in the market. In June 2017, it was announced that BlackRock iShares
Enhanced Strategic Models have gathered AU$150mn in assets under management since coming to market in January
2016. The portfolios were recently given a “recommended” rating by Lonsec, which praised BlackRock’s capability as a
leader in risk management and global asset allocation.
In a second appointment, Kathryn Barnes – previously COO for Australia – has moved to the newly created role of Head
of Digital Technology, Australia, and regional lead, Digital Sales Enablement, APAC. Continuing to report to Dominik
Rohe, Country Head, Australia, and Damien Mooney, Digital Strategy Lead, APAC, Kathryn is responsible for
implementing BlackRock’s digital technology strategy and driving client engagement in a dynamic and complex wealth
management environment.
“The provision of digital advice is critical to addressing the impact of regulatory challenges, digital disruption and difficult
markets on our clients’ investment models,” said Dominik Rohe, Country Head, Australia. “As we evolve our business
to reflect the growing prevalence of new technology, Kathryn’s ample experience will enable us to deliver the full
potential of such technology to the wealth management space.”
Shane Flatman now takes on the role of COO for Australia from his previous role of Head of Finance and Strategy for
Australia. Shane reports to Dominik Rohe and Andrew Reynolds, CFO, COO and Head of Corporate Strategy Asia
Pacific. He has been with the firm since 2014.

SOURCE: BlackRock Australia


Cut & Paste conveys information received directly from the organisations concerned. Statements and releases published here have been selected for their relevance to the financial planning profession. They are generally unedited, and the views expressed do not necessarily reflect those of Professional Planner.


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