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BlackRock launches global flexible strategy equity fund in Hong Kong and Singapore.
BlackRock announces the launch of "BlackRock Global Funds - Global Flexible Equity Fund" in Hong Kong and Singapore.
BlackRock announced on July 11 that it is launching the BlackRock Global Fund - Global Flexible Strategy Equity Fund in Hong Kong and Singapore. The Global Flexible Strategy Fund is based on a highly concentrated, high conviction investment strategy, focusing on long-term investments without being constrained by index benchmarks, industries, countries, or other factors. The fund invests in stocks with competitive advantages and long-term capital appreciation potential. The Global Flexible Strategy Fund was first introduced in 2020 and is managed by BlackRock Portfolio Managers Alister Hibbert and Michael Constantis. Their investment strategy is based on the extensive network and deep professional knowledge of the research team, carefully selecting high-quality stocks for long-term investment without being restricted by benchmarks. The fund formulates high conviction investment strategies through in-depth analysis of fundamentals and currently invests in 20-30 resilient and high-return potential companies. These companies can come from various industries around the world but must meet certain criteria, including having a solid market position, potential market opportunities, high profits and returns, and an excellent management team. In selecting investments, the Global Flexible Strategy Fund simplifies traditional benchmarks, regional and industry restrictions, and excludes short-term market noise in stock selection and allocation, focusing on meeting investors' long-term goals. Alister Hibbert, Co-founder and Portfolio Manager of BlackRock's Global Flexible Equity Strategy, said, "While there are few outstanding companies that can maintain high returns in the long term, they may bring outstanding investment returns. This flexible and high conviction long-term investment strategy helps us to discover outstanding companies with excellent performance and capital growth opportunities. Our team has a global perspective, relentless perseverance, and deep insight, aiming to identify these worthwhile investment companies from around the world." Joseph Williams, Head of BlackRock's Strategic Equity Investments and Fundamental Equity Hedge Fund Strategies, said, "We are pleased to bring the Global Flexible Strategy Fund to investors in Hong Kong and Singapore, offering more choices of BlackRock investment products. In recent years, investors in the Asia-Pacific region have needed to deal with many short-term market fluctuations, while the Global Flexible Strategy Fund can focus on discovering companies with long-term profit growth potential without restrictions, helping investors filter out market noise and achieve investment goals."
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