BlackRock overhauls Thiel's Global Bond fund

Anna Fedorova
clock

BlackRock has changed the name and investment objective of its Global Bond fund, managed by Scott Thiel, who will also gain two co-managers.

The £33m fund will be renamed BlackRock Fixed Income Global Opportunities fund to reflect the changes to its investment policy and objective. The fund will now be managed based on the group's existing Fixed Income Global Opportunities (FIGO) investment strategy, which includes removing the benchmark and following an unconstrained approach. The portfolio will be able to invest in a wider range of instruments, including non-investment grade bonds and bonds denominated in foreign currencies, with currency exposure hedged back to sterling. The new objective of the fund will be to achie...

To continue reading this article...

Join Investment Week for free

  • 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

Join now

 

Already an Investment Week
member?

Login

More on Bonds

Global ESG backlash has not eroded demand for UK green bonds

Global ESG backlash has not eroded demand for UK green bonds

This year's auctions oversubscribed

Sorin Dojan
clock 03 July 2025 • 4 min read
Federated Hermes launches Global Short Duration Bond fund just as asset class booms

Federated Hermes launches Global Short Duration Bond fund just as asset class booms

Responding to ‘increased investor demand’

Eve Maddock-Jones
clock 25 June 2025 • 2 min read
Fixed income investment set to rise as bonds hit double digit growth in asset allocation

Fixed income investment set to rise as bonds hit double digit growth in asset allocation

Assets in fixed income up 11%

Patrick Brusnahan
clock 19 June 2025 • 3 min read
Trustpilot