BlackRock’s Multi-Asset Portfolio Strategies group launched a pooled fund targeting institutional clients that will invest in a range of alternative investments, confirmed Emma Phillips, BlackRock spokeswoman.
The fund looks to generating positive absolute returns by investing across alternative investment strategies including hedge funds, hedge funds of funds, commodities, real estate and infrastructure, and will invest in funds run by external managers as well as BlackRock’s alternatives investment funds.
The fund will be managed by the Multi-Asset Portfolio Strategies team lead by Ewen Cameron Watt, managing director.
