It is one thing for investment fund providers to talk about the expanding number of investment opportunities overseas. When a heavy hitter like BlackRock’s iShares appoints a strategist to cover foreign markets, however, it says the industry has developed a solid worldview on investing.

On Tuesday, BlackRock tapped one of its high-profile players, Russ Koesterich as global chief investment strategist to lead its newly created Global iShares Investment Strategy Group.

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