BlackRock is bringing a version of its concentrated UK Focus fund, managed by Luke Chappell and Imran Sattar, to the retail market.
The fund will hold between 20 and 25 of BlackRock's best UK equity ideas and will launch in a retail format at the end of October. Aiming to achieve long-term capital growth, the unconstrained portfolio will seek stock ideas from BlackRock's specialist UK equity team, overseen by Satar and co-head of UK equities Chappell. The fund will have a limited initial issue and its capacity will be capped at £350m.
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
