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Innovation - BlackRock launches strategic global bond fund as investors seek diversified fixed income exposure
IMG
BlackRock launches strategic global bond fund as investors seek diversified fixed income exposure

BlackRock has launched a fixed income fund which invests in global macroeconomic strategies with exposure to regions where interest rates are attractive and markets with supportive monetary policy.

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The BlackRock Global Funds (BGF) Strategic Global Bond Fund is an actively managed multicurrency global bond fund with a focus on delivering alpha via macro-driven fixed income opportunities worldwide, including rates and foreign exchange across emerging and developed markets.

Allocations to different securities are evaluated and sized relative to a customised benchmark, which consists of 80% Barclays Global Aggregate Index (unhedged) and 20% emerging markets exposure.

The five-strong portfolio management team employ a comprehensive risk management approach, assessing portfolio risk across 4,000 unique risk factors.

Scott Thiel, Deputy CIO Fixed Income at BlackRock and one of the fund’s portfolio managers, said: