BlackRock Names Chief Strategist for Fixed Income

In this newly created position, Rosenberg will support the expansion of the firm’s U.S. Retail Fixed Income business and will report to Robert Stanley, head of retail fixed income with BlackRock’s Portfolio Management Group. He will also work closely with Rick Rieder, chief investment officer of fundamental fixed income, in supporting fixed income offerings in the Americas region, something BlackRock names as “a strategic priority.”

Rosenberg joined BlackRock from Bank of America Merrill Lynch where he was head of global credit strategy research. In this role, his responsibilities included global macro credit strategy across corporate credit markets, coordination of U.S. fixed income strategy across credit, ABS/RMBS/CMBS, interest rates, FX and commodities. He also formulated tactical and strategic risk-taking recommendations for external clients and internal trading desks.

Prior to joining BAML in 2002, he was director of U.S. investment-grade strategy for Credit Suisse Group AG.