BlackRock launches Absolute Return Global Macro fund

Blackrock is launching the BSF Global Macro Opportunities fund, a long/short vehicle with exposure to a wide array of asset classes such as global equities, rates, credit and currency markets. It aims to offer an alternative to investors who are rethinking their allocations to equities and bonds, anticipating on future central bank tightening. The fund will be marketed at high net worth investors and discretionary wealth managers.