Daily news service
Coming into the top role at an industry-leading company is not without a unique set of challenges. Having assumed the position of managing director at BlackRock Canada last September, Marcia Moffat has since set out to consolidate and build on the firm’s position as top dog for ETFs, most recently launching three new funds under the iShares Edge brand on the Toronto Stock Exchange. Although parent company BlackRock saw a 20% drop in profit during the first quarter of 2016, the ETF segment in Canada remains strong. Now Moffat, a former corporate lawyer, will need to ensure that her firm continues to maintain its position as the leading asset manager in the county.
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