BlackRock considers protected multi-asset fund launch

BlackRock is looking to roll out a protected multi-asset fund to the retail market in the third quarter of this year.

The open-ended vehicle will seek to provide capital appreciation while offering a protection feature ensuring the fund’s NAV per share does not fall below 80% of its highest ever value. Capital appreciation will be targeted through a basket of BlackRock and third-party retail funds, while the protection element will be provided through a link-up with an investment bank. BlackRock is currently in discussions with a number of banks regarding this role. The underlying funds in the Ucits III vehicle will provide exposure to equities, bonds, currencies, property, commodities, hedge funds a...