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Rating:Novick Plants BlackRock's Flag in the Beltway Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, March 09, 2010

Novick Plants BlackRock's Flag in the Beltway

News summary by MFWire's editors

After relinquishing her post as head of BlackRock's account management group last year, co-founder and vice chairman Barbara Novick has been busy with BlackRock's government relations and public policy efforts, spending about a week each month in D.C.

“Because BlackRock was often being mentioned by congressmen in hearings, it was becoming obvious that we were getting big enough to require a Washington presence," Novick told Pensions & Investments in an interview published Monday.

Novick added that the money management industry lacks a strong lobby group that "truly speaks up for investors."

Last February, Novick handed the reins of BlackRock's account management group to Rob Fairbairn

Edited by: InvestmentWires Staff, 


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