Continuing a blitz of new fund and ETF activity over the past few weeks, BlackRock has filed to launch four more funds, including two multi-asset funds and two short-term bond funds, according to a report by Morningstar.
The first multi-asset fund, BlackRock Real Return fund, will seek to establish an inflation-hedge strategy with investments in Treasury Inflation-Protected Securities (TIPS), equities, REITs, commodity-related companies, master limited partnerships, and investment-grade and junk bonds. The fund will be managed by Philip Green, Michael Fredericks, Lutz-Peter Wilke and Justin Christofel.
BlackRock also filed to launch BlackRock Market Advantage, another multi-asset fund, which will use a risk-factor approach to allocate among a range of asset classes, including stocks, bonds, derivatives, commodities, REITs and cash. Ked Hogan, Green, Vincent de Martel, Philip Hodges and Ugo Montrucchio are slated to manage that fund, according to Morningstar.
The firm is also looking to launch two short-term bond funds—BlackRock Short Obligations and BlackRock Ultra-Short Obligations. The Short Obligations fund will seek to invest in U.S.-dollar-denominated investment-grade and short-term fixed- and floating-rate debt securities. That fund will be managed by Michael Evan and Richard Mejzak.
The Ultra-Short Obligations fund will invest in a broader range of money market securities, and be managed by Thomas Kolimago and Eric Hiatt.
Calls made to BlackRock seeking comment about the new offerings were not returned by press time.