Value tilt for BlackRock's Macmillan

The European desk at BlackRock Mlim uses a team approach, with risk measurement integral to portfolio construction

BlackRock Mlim's European team has reinvented itself over the past two years, mixing teamwork with individual approaches to divide the product range between four managers' styles. James Macmillan, who took over the Merrill Lynch Continental European fund in August 2005, specialises in value-style portfolios. He is head of the European equity team with ultimate responsibility for his colleagues' investment performance and for supervising their investment processes. In his own fund, Macmillan runs a flexible portfolio that includes high-conviction ideas from the rest of the team. Over one ...