US asset manager BlackRock has launched a tactical opportunities fund, a liquid alternatives Ucits fund designed to meet rising client demand for macro strategies that can provide consistent, uncorrelated returns and enhance portfolio diversification during periods of market volatility.
Tactical Opportunities Plus, as the fund is called, aims to deliver differentiated returns by capitalising on macro dispersion and pricing dislocations across stocks, bonds and currency markets in 25+ countries.
Lead portfolio manager Tom Becker said: “In a world where traditional, long-only diversifiers have become less reliable and macro dispersion is elevated, investors are increasingly looking to liquid alternatives and macro strategies to deliver consistent, uncorrelated returns in portfolios.
“We believe this new offering is well positioned to deliver for clients in this regime of high macro dispersion across global markets.”
