BlackRock launches Asian absolute return fund

BlackRock has launched a Ucits Asian equity long/short fund which is being aimed at European investors looking for less traditional equity investments. The BSF Asia Pacific Absolute Return fund will invest in 40 to 60 long positions and the same range for short positions. It uses equity swaps, contracts for difference, index futures, exchange-traded funds, and equity options. Head of Asian equities, Andrew Swan, will co-manage the fund alongside Oisin Crawley, co-head of research for the Asian equities team. A team of 21 based in Hong Kong and Taiwan will support the fund. BlackRock said the fund will target positive returns in all market conditions, looking for areas of overlooked returns, and short positions will come from internal and external pressures on companies. Alex Hoctor-Duncan, head of retail for Europe, the Middle East and Africa at BlackRock, said investors were looking beyond traditional equity and fixed income markets for steady sources of positive, absolute returns. ©2016 funds europe

Executive Interviews

INTERVIEW: ‘It is what it is’

Dec 22, 2016

Jeff Conway, regional chief executive for State Street, talks to David Stevenson about regulation and how the firm will handle the challenge of tech disruption.

MASHREQ CAPITAL INTERVIEW: A new direction

Dec 22, 2016

The new chief executive of Mashreq Capital talks to George Mitton about fund launches, management style and why he is the right person for the job.

Roundtables

SEC LENDING ROUNDTABLE: Both a borrower and a lender be

Jan 11, 2017

Industry heavyweights, including agent lenders, discuss issues affecting the securities lending sector such as regulation and the types of collateral being used.

EMERGING MARKETS ROUNDTABLE: The re-emergence

Jan 03, 2017

2016 was the year emerging markets returned to the spotlight, as they regained ground since the 2012 sell-off. Funds Europe asked our panel if this appetite will persist in 2017.