BlackRock has named Russ Koesterich as Chief Investment Strategist, responsible for communicating the firm’s investment strategy and perspective on the markets and economy to investors and financial advisors. He will report to Ken Kroner, BlackRock’s Global Head of Multi-Asset Strategies.
Koesterich will continue to serve as Global Investment Strategist for BlackRock’s iShares business, a role he has held since 2010. Previously, he served as the Global Head of Investment Strategy for active equities and a senior portfolio manager in the U.S. Market Neutral Group of Barclays Global Investors, which BlackRock acquired in 2009.
“The financial world is more uncertain than it’s ever been and a succession of seismic events has left investors unsure of what to do next,” stated Koesterich. “We believe that opportunities do exist for investors, and I look forward to working with my colleagues across the globe, including in the BlackRock Investment Institute, to provide investors with answers for this new world of investing.”