BlackRock launches global bond income fund following '180-degree turn' in economic environment

Managed by Rick Rieder

clock • 2 min read

BlackRock has boosted its global bond product suite with the launch of its Global Funds (BGF) Global Bond Income fund, part of the group's multi-sector fixed income platform that includes aggregate, government, corporate and flexible bond strategies, Investment Week can reveal.

Seeded with $75m, the fund aims to deliver an attractive level of current income by investing across global bond markets, while achieving growth through capturing strong performance across the credit cycle. The fund is managed by CIO of global fixed income, Rick Rieder, who will be supported by senior fixed income managers, all of whom have the ability to invest across the entire global bond universe. This includes difficult to access asset classes, countries and securities such as high yield and investment grade credit, securitised assets and EMD. The flexibility of the fund means th...

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