Asset manager to centralise operations

One of the world’s largest asset managers Blackrock Inc is to open a new Dublin office to house its 28 Irish-based employees.

Blackrock has been operating in Ireland for several years and the new office will centralise its Irish operations into a single office at Grand Mill Quay.

James Charrington, chairman for Blackrock’s European, Middle East, and Africa business, said the Dublin office would manage funds domiciled in Ireland and liaise with local clients.