BlackRock has launched BSF Tactical Opportunities Plus Fund, a new liquid alternatives UCITS fund designed to meet rising client demand for macro strategies that can provide consistent, uncorrelated returns and enhance portfolio diversification during periods of market volatility.
Tactical Opportunities Plus aims to deliver differentiated returns by capitalising on macro dispersion and pricing dislocations across stocks, bonds and currency markets in 25+ countries. The experienced portfolio management team combines systematic and discretionary investment styles, with an emphasis on careful portfolio construction to allow innovative data to inform tactical portfolio positioning.
Tactical Opportunities Plus builds on BlackRock’s established Tactical Opportunities strategy, which has delivered positive returns in every calendar year since inception[1] – including 2022 when both equities and bonds experienced double‑digit declines. Tactical Opportunities Plus is designed for investors seeking higher returns and greater capital efficiency within their alternatives allocation.
“In a world where traditional, long-only diversifiers have become less reliable and macro dispersion is elevated, investors are increasingly looking to liquid alternatives and macro strategies to deliver consistent, uncorrelated returns in portfolios. The BSF Tactical Opportunities Plus Fund is designed to offer clients greater return potential, with the same investment process and disciplined risk management that has powered the Tactical Opportunities strategy for over 10 years. We believe this new offering is well positioned to deliver for clients in this regime of high macro dispersion across global markets.”
Tom Becker, Lead Portfolio Manager of the Tactical Opportunities Plus Fund at BlackRock
The fund is managed by BlackRock’s experienced Global Tactical Asset Allocation team, which manages ~$60B for wealth and institutional clients across the globe, including $8B in the existing Tactical Opportunities strategy.
