Fund Management
BlackRock Launches Americas Equity Absolute Return Fund In UK
The BlackRock Strategic Funds Americas Diversified Equity Absolute Return Fund has been registered for sale in the UK. It will be co-managed by Raffaele Savi, and Travis Cooke, both managing directors in the BlackRock Scientific Active Equity team.
At least 70 per cent will be invested in equities and equity-related securities including derivatives of, or giving exposure to, companies listed or incorporated in the US, Canada and Latin America.
“The fund will provide investors access to a broad range of fundamental, behavioural, statistical and technical investment themes covering different time horizons. The result will be a highly diverse and balanced portfolio seeking to achieve a positive absolute return for investors regardless of market movements,” said Alex Hoctor-Duncan, head of EMEA retail sales at BlackRock