BlackRock expands fixed income range with strategic global bond fund

The actively managed multi-currency fixed income fund invests in global macroeconomic strategies with exposure to regions where interest rates are attractive and markets that are supportive of monetary policy. It focuses on delivering alpha through worldwide macro-driven income opportunities, including rates and foreign exchange across emerging and developed markets. Allocations to different securities are evaluated and sized relative to a customised benchmark, which consists of 80% Barclays Global Aggregate index (unhedged) and 20% emerging markets exposure. The five-strong manage...