BlackRock replaces fundamental equities co-head following departure

Phil Vasan takes role

BlackRock’s has named a new co-head of fundamental equities after Daniel Gamba left the firm to become president of asset management at Northern Trust.

Phil Vasan, currently deputy head of BlackRock's portfolio management group (PGM), will be filling Gamba's role, an internal memo seen by Investment Week said. He joins Becci McKinley-Rowe, who is continuing in her role as co-head of the fundamental equities team. Vasan will also continue in his role as deputy head of PMG. Prior to joining PMG, Vasan led investments and portfolio solutions for US Wealth Advisory. His predecessor Gamba was also responsible for leading iShares in the Americas, having an over 20-year career that began with Barclays Global Investors in 2000. LG...