BlackRock Unveils Three Equity Funds

BlackRock is rolling out three new equity income funds investing in baskets of income-producing stocks.

BlackRock is rolling out three new equity income funds investing in baskets of income-producing stocks, Reuters reports. The BlackRock Global Income Fund will be co-managed by Stuart Reeve and Richard Turnill and will track the MSCI All Countries World Index. The BlackRock Continental European Income Fund will be co-managed by Andreas Zoellinger and Alice Gaskell and follow the FTSE World Europe Ex-U.K. Index. The BlackRock World Resources Income Fund will be managed by Richard Davis, Joshua Freedman and Tom Holl and will track the S&P Natural Resources Index.

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