BlackRock UK Absolute Alpha reaches £1.5bn

BlackRock's frenzied-selling UK Absolute Alpha fund has passed the £1.5bn under management point. ...

BlackRock’s frenzied-selling UK Absolute Alpha fund has passed the £1.5bn under management point. The fund, which reports over 10% growth over the last year, has now reached £1,504,307,500 thanks to strong sales during the credit crunch. In July last year Investment Week reported its size at £150m.