BlackRock targets private investors with Alpha fund

The first raft of changes to Mark Lyttleton’s fund will take place on 16 July when it will move from fortnightly to daily pricing, broadening the use of the fund in the retail market, while bringing it in line with the rest of the group’s unit trust range. Alex Hoctor-Duncan, head of UK retail sales, said: “We are trying to wrap up Mark Lyttleton’s expertise in a product that offers a lower risk experience, as the fund aims to protect customers’ money in a volatile market. "After road-testing the product internally for 19 months, I am happy with the robust nature of what we’ve got.” ...