Former Ascalon Capital Managers chief operating officer Jason Collins has joined BlackRock as head of institutional client business.
In addition, Prema Basoor has been appointed director, institutional client business. She was previously Fidelity Worldwide Investment associate director — institutional business.
Commencing his duties later this month, Collins will be based in Sydney and report to BlackRock Australia country head Justin Arter.
He brings with him 15 years experience in funds management and investment banking.
Basoor will report to Collins and will be responsible for BlackRock's Melbourne-based institutional clients.
Prior to joining Fidelity, she was senior account manager with State Street Global Advisors.
The $340 billion fund has welcomed three senior investment executives to its London office as it continues to internalise the management of international equities, its single largest asset allocation.
The fund has hired a former ART executive as its new head of group strategy.
The sovereign wealth fund has revealed six internal hires to support the execution of key strategies.
The fund has announced the departure of a second senior executive in as many months, with its chief member officer to finish up mid-December.