Nick Scott has joined the $127 billion Canadian asset management firm to head its Hong Kong investment team.
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Nick Scott is set to retire as CIO of Asia fundamental equities and will be replaced by regional investment manager Andrew Swan from JP Morgan Asset Management.
While the mid- to long-term outlook for Asian equities is very attractive, there remains potential for short-term volatility, he says.
Investment Outlook Series: Nick Scott, CIO for Asian equities at BlackRock, favours companies with strong balance sheets and those likely to benefit from low interest rates.