Mark Lyttleton's BlackRock UK Absolute Alpha has seen an assets under management boom of £700m in the...
Mark Lyttleton’s BlackRock UK Absolute Alpha has seen an assets under management boom of £700m in the last year. The fund has swollen from £200m to £900m in one year. “The fund has a significantly lower volatility than investing in the equity markets as a whole - we control the equity market exposure,” added Lyttleton. It returned 4.1% across the first quarter of 2008 while the FTSE All Share fell -9.85%.
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