Multi-manager  

BlackRock launches fund holding 2,500 securities

BlackRock has launched a fund which seeks to achieve absolute returns across multiple asset classes.

The BlackRock Strategic Funds (BSF) Style Advantage fund, invests in a diverse set of style strategies through a long-short portfolio made up of 2,500 plus securities, with exposure to equities, fixed income, commodities and currencies.

Alex Hoctor-Duncan, head of EMEA retail at BlackRock, said: “This fund could be an effective diversifier for investors with different target outcomes.”

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