BlackRock to Open Cape Town Office This Month, Business Day Says

BlackRock Inc. will open its first office in Africa in Cape Town to give South African investors, including pension funds, access to its global investments, Business Day reported, citing Nick Anderson, managing director for Africa and the Middle East.

The world’s largest money manager will open its office in two weeks after meeting investors in Johannesburg this week, the Johannesburg-based newspaper cited Anderson as saying.

To contact the reporter responsible for this story: Stephen Gunnion in Johannesburg at sgunnion@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.