BlackRock appoints co-manager on European fund

BlackRock has promoted Stefan Gries as co-manager on the European Absolute Alpha fund alongside Vincent Devlin.

Mr Gries, already a director on the group’s European equity team, has also become co-manager on the offshore European Absolute Return fund.

The European Absolute Alpha fund gained 20.5 per cent in three years to July 2, according to FE Analytics, one of the best returns in the IMA Targeted Absolute Return sector in that period.

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