BlackRock Rolls Out Absolute-Return Fund

BlackRock has unveiled an absolute-return bond fund.

BlackRock has unveiled an absolute-return bond fund, Financial Times reports. The BlackRock Corporate Bond fund will seek to get positive returns regardless of the market outlook by employing a series of corporate and sovereign fixed-income and currency strategies.

The new vehicle aims to offer positive absolute returns over the market cycle by finding the best risk-adjusted returns available across the complete spectrum of fixed-income markets and strategies. Ian Winship is managing the fund.

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