Chris Jones Joins BlackRock as Co-Head of Global Fundamental Equity and Head of Americas Fundamental Equity

BlackRock, Inc. (NYSE:BLK) announced that Chris Jones joined the company as Co-Head of Global Fundamental Equity as well as Head and Chief Investment Officer of Americas Fundamental Equity. Based in New York, he will report to Quintin Price, Global Head of the firm’s Alpha Strategies Group, who has overall responsibility for the management of this business.

In his new role, Mr. Jones will be responsible for overseeing BlackRock’s $124 billion U.S. - based fundamental equity business and will join Nigel Bolton, Head and Chief Investment Officer of International Fundamental Equity, as Co-Head of Global Fundamental Equity, which represents $242 billion in assets1. He will partner closely with investment professionals throughout the firm to help generate consistent, long-term performance for clients.

“Chris Jones’ breadth of experience and distinguished track record present an invaluable opportunity for the firm,” said Mr. Price. “We are pleased to have him join the team and look forward to the impact he will have on elevating the capabilities of our Fundamental Equity franchise while seeking to deliver strong investment performance to our clients.”

Mr. Jones joins BlackRock from J.P. Morgan Asset Management, where he had a 32-year career with the firm, most recently serving as the Chief Investment Officer of the Growth and Small Cap U.S. Equity Team. During his tenure with J.P. Morgan, he held numerous roles across the equity business assuming fund management and analytical responsibilities for the small cap team in 1986 and later serving as the team’s Chief Investment Officer. In 2006, he began heading all of J.P. Morgan’s growth investments.

Mr. Jones holds a Master of Arts degree in history from Cambridge University.

About BlackRock

BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. At March 31, 2014, BlackRock’s AUM was $4.401 trillion. BlackRock helps clients meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares® (exchange-traded funds), and other pooled investment vehicles. BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®. Headquartered in New York City, as of March 31, 2014, the firm had approximately 11,500 employees in more than 30 countries and a major presence in key global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa. For additional information, please visit the Company’s website at www.blackrock.com.

The opinions expressed are as of July 8, 2014 and may change as subsequent conditions vary.

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1 AUM figures as of March 31, 2014