Actively seeking alpha from your bond portfolio? .. Seek out BlackRock ..

  • Is your core bond allocation working hard enough and not leaving out important performance sources like sector rotation and active security selection?
  • Has the manager demonstrated skill both in crisis and in recovery?

BlackRock is one of the largest Fixed Income managers in the world. In just over 20 years, we have grown our assets to an impressive US$1,055billion (€750billion) of which €30billion* is made up of assets within Euro Fixed Income. This area of our product offering has seen strong growth in recent times and here we focus on our core Euro Fixed Income Funds:

 Fund Name Standard & Poor's Fund Manager
BGF Euro Bond AA Managed by Michael Krautzberger
BGF Euro Short Duration Bond AA Managed by Michael Krautzberger
BSF Fixed Income Strategies AA Managed by Michael Krautzberger
BGF Euro Corporate Bond Managed by Tom Mondelaers

The Team employs one global, disciplined and risk-aware investment process which seeks to add value incrementally from a widely-diversified portfolio. There is a strong emphasis on top-down, macro strategies as well as in-depth credit research on individual issues combined with active sector rotation.

S&P comment that “Michael Krautzberger draws on a well-resourced team and has demonstrated skill and flair in the past four years” in its report on BGF Euro Bond. Michael's active management of the portfolios leading to outperformance of the benchmark has not been achieved by taking undue risks but by the application of diversified alpha sources. 

Local expertise and state-of-the-art risk management tools are vital in this respect, and we believe that BlackRock offers that in an outstanding combination.

 “It is sensible, especially in times of uncertainty, that investors dedicate a reasonable allocation of their portfolio to high quality fixed income since this can offer attractive long-term returns and can outperform in times of crisis, low growth or risk aversion.”
– Michael Krautzberger

*as at 31.12.2009

Please refer to the simplified prospectus for more detail regarding the nature of these specific risks. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed. The funds invest in a large portion of assets which are denominated in other currencies; hence changes in the relevant exchange rate will affect the value of the investment. Past performance is not a guide to future performance and should not be the sole factor of consideration when selecting a product.

Audio and Webcasts

Fixed Income Audiocast (July 10)


Michael Krautzberger gives an update on current themes in the market, how the funds are positioned today and how he plans to create alpha in the coming months.   

 

Fixed Income Outlook for 2010


Scott Thiel and Michael Krautzberger discuss the major factors affecting European Fixed Income markets in 2010, their views on the inflation versus deflation debate and their opinions on whether sovereign debt risk will be more of a factor this year. Michael also comments on the outlook for gilts and the trading opportunities which may arise going forward.