Former Goldman Sachs head of China equities joins BlackRock

BlackRock has hired Helen Zhu from Goldman Sachs as head of China equities for Andrew Swan's team.

Based in Hong Kong, she will begin her new role on 7 April, reporting to Swan, who heads up Asian equities for the firm, and will assume management of investment portfolios later in the year. Swan said: "Helen's appointment continues a series of senior hires adding to a talented team. The team has seen high-level performance and asset growth over the past two years, founded on a strong investment philosophy and robust process." The $804m (£483m) BlackRock Global Funds China fund is currently co-managed by Swan and Emily Dong and is down 3.3% over three years to 7 March, according to F...