Investment Giant Rolls Out Asia-Focused Absolute Return Fund

Tom Burroughes

9 September 2016

has launched an Asia-focused absolute return fund that takes long and short positions, targeting returns above what can be captured by more traditional approaches.

The (BSF) Asia Pacific Absolute Return Fund is a liquid equity long/short UCITS strategy that aims at positive returns regardless of where the market moves. Typically, it will be made up of 40 to 60 long and 40 to 60 short market positions, using various tools such as equity swaps, contracts for difference, futures, options and ETFs.

The fund will be co-managed by Oisin Crawley, portfolio manager and co-head of research for the Asian equities team, and Andrew Swan, head of Asian equities at BlackRock. They will be supported a team in Hong Kong and Taiwan.