BlackRock (BLK) Intends to Expand Overseas Offerings in Japan

BlackRock Inc.’s (BLK) Japan unit plans to boost its investment offerings to cater to the needs of overseas clients. This move aligns with the company’s organic growth strategy of product expansion.Hiroyuki Arita, CEO of BlackRock Japan, said in an interview with Bloomberg that since last year, the company has increased the headcount of portfolio managers, analysts and other personnel associated with active management of Japan equities by roughly 20% in order to attract foreign funds.At present, the Japan u ...