Head of trading Paul Clifford has left Citi after more than a decade with the firm, joining BlackRock as a senior multi-asset trader.
He is based in London.
BlackRock reported US$13.5 trillion in assets under management (AUM) as of Q3 2025, up 17% year-on-year (YoY). Its multi-asset division represented 9% of this figure with US$1.2 trillion in AUM, and saw US$33.6 trillion in net flows over the quarter.
Jatin Vara is head of global trading at the firm.
Clifford has 35 years of industry experience and has been head of trading at Citi since 2017. Prior to this, he was a multi-asset trader at the bank and EMEA head of equities execution trading at HSBC Global Banking and Markets.
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