BlackRock converts suite of seven funds into Ucits III vehicles

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BlackRock is opening up a further seven funds to the retail market by converting a suite of Qualifie...

BlackRock is opening up a further seven funds to the retail market by converting a suite of Qualified Investor Schemes to Ucits III. Six of the seven vehicles are tracker funds, including Fixed Income (£436m), Continental European Equities (£381m), Japanese Equities (£127m), North American Equities (£375m), Pacific ex Japan Equities (£272m) and UK Equities (£1645m). Meanwhile, the BlackRock Balanced Managed fund is also being converted to Ucits III with a view to merging it into Colin Graham's £205m Balanced Growth fund and BlackRock Fixed Income Tracker may also be combined with the £3...

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