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

Aug. 3 (Bloomberg) -- 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

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