æNewÆ BlackRock in Asia not about scale, says chairman Rohit Bhagat

Rohit Bhagat, BlackRock's newly appointed chairman and managing director for Asia-Pacific, says the 'new' BlackRock model is not about scale. The goal is to use that scale to provide tailored products and ideas to clients in a variety of regulatory environments, not to engage in mass production. Although the most obvious thing about the merger is its unparalleled size, Bhagat insists the deal is not about scale, although scale can provide certain benefits. The driving logic of the tr…