Woo Fung Kwong
Woo Fung Kwong, Managing Director, is the Head of the Aladdin Risk for Wealth Management (ARWM) business within BlackRock Solutions (BRS). ARWM is responsible for building and delivering Aladdin's risk analytics to wealth management firms globally, with tools to perform enterprise risk oversight and build better portfolios for end clients. Through ARWM, BRS is bringing the same risk capabilities used by BlackRock's investment teams and sophisticated institutional clients worldwide to the wealth management industry and retail investors.
In addition to leading ARWM, Mr. Kwong is also Head of BRS Analytics/Modeling which is responsible for building the financial models to analyze securities and portfolios. These analytics are delivered via Aladdin, a proprietary multi-asset investment and risk management system that can bring significant scale in helping clients understand the risks that they have and the impact of potential changes in their portfolios. The Portfolio Analytics Group (PAG) within Analytics/Modeling is responsible for applying Aladdin's analytical capabilities in supporting a wide range of strategic firmwide initiatives across investments, risk management, clients, and business operations.
Mr. Kwong began his career at BlackRock as an analyst in 1994. Over his career at the firm, Mr. Kwong has provided leadership in a variety of initiatives: risk advisory and hedging for insurance companies and mortgage banks at the beginning of the BRS business, performing portfolio analyses for BlackRock's diverse investor and client base, building the infrastructure and scale necessary to support Aladdin's growth in analyzing trillions of dollars in client assets, integrating acquired businesses onto Aladdin, and evolving Aladdin into a global multi-asset risk platform. Mr. Kwong also focuses significant time on mentoring and developing talent globally, overseeing various analyst programs and sponsoring the NYC Associates network.
Mr. Kwong earned a BA degree, cum laude with Phi Beta Kappa honors, in applied mathematics and economics from Harvard University in 1994.