Isle of Man-based Canada Life International (CLI) has expanded its internal fund range with the addition of the BlackRock UK Absolute Alpha fund.
Adding to a number of arrangements already in place with BlackRock fund managers, Canada Life International is one of the first offshore providers to have a formal link in place with the popular absolute return fund.
Mario Ricciardi, investments director at CLI, commented: “The introduction of the BlackRock UK Absolute Alpha fund is in response to the fund’s phenomenal success and demand from the IFA community. The fund has consistently topped bestseller charts across the UK for the past few months and we are sure that it will prove equally popular at CLI.”
Tony Stelling, managing director at BlackRock UK Retail, said CLI had been a key offshore supporter for BlackRock for over two decades, specialising in the core IFA market.
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