BlackRock launches UK-domiciled global multi-asset fund

Related Content Related Video White Papers Related Articles

BlackRock has announced the launch of the BlackRock Fund Management (BFM) Global Multi Asset Income fund, aimed at delivering an annual income of 4-5% within a tight risk framework.

It will invest in more than eight asset classes, in over 40 different countries and in excess of 20 different sectors, from property and infrastructure to structured credit and high yield bonds.

Jeremy Roberts, head of UK Retail Sales at BlackRock, commented on the launch: “Finding and receiving income from mainstream sources is becoming increasingly difficult. Traditional bonds are being challenged by the perpetual search for yield, we’re seeing historic lows for interest rates on cash and while equities can produce an income, there is more volatility in a single asset class. This Fund really aims to be the best of both worlds.”

BlackRock shareholders voted in favour of converting to the BlackRock Global Multi Asset Income fund and strategy. The Fund will be co-managed by Michael Fredericks, Justin Christofel and Peter Wilke and combined they run in excess of $15bn in multi-asset income strategies.

Mona Dohle
Mona Dohle speaks German and Dutch, she is DACH & Benelux Correspondent for InvestmentEurope. Prior to that, she worked as a journalist in Egypt and Palestine. She started her career as a journalist working for a local German newspaper. Mona graduated with an MSc in Development Studies from SOAS and has completed the CISI Certificate in International Wealth and Investment Management.

Read more from Mona Dohle

Close Window
View the Magazine

I also agree to receive editorial emails from InvestmentEurope
I also agree to receive event communications for InvestmentEurope
I also agree to receive other communications emails from InvestmentEurope
I agree to the terms of service *

You need to fill all required fields!