Paul Booth, global head of data for active equities, at BlackRock, $7 trillion asset manager, has left for a competitor.

Paul Booth, who joined BlackRock in February 2016 as the Americas director of research for data and analytics for equities and has served as global head of data for active equities at BlackRock since April 2017, has left the firm. Booth stepped down from his role to take a job at another firm. Booth was responsible for helping BlackRock source, build, and evaluate data for the asset manager's fundamental and scientific active equities businesses. 

In May, Business Insider reported on BlackRock's plans to expand its AI Labs group by hiring a senior data scientist, among other roles, to focus on projects such as building out new lending platforms and automating human tasks. 

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Economics, Finance and Investing