Larry Fink Says BlackRock Plans to Be a Leading China Asset Manager
- Firm focused on building onshore presence in country, CEO says
- Fink writes about company, industry issues in annual letter
Larry Fink
Photographer: Chris Goodney/Bloomber
This article is for subscribers only.
BlackRock Inc. Chief Executive Officer Larry Fink said he’s seeking to make the firm one of China’s leading asset managers as it expands outside the U.S.
“In China, which is one of the largest future growth opportunities for BlackRock, we are focused on building an onshore presence,” Fink said Monday in his annual letter to shareholders.