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DAILYALTS: BlackRock Launches Credit Oriented Multi-Alternative Fund

TedTed
in The Bullpen
FYI: As the investment outlook becomes less and less certain, multi-alternative funds are gaining appeal. Both stocks and bonds are at historic highs, while commodities struggle due to weak global demand, and the U.S. appears poised to hike interest rates amid less-than-stellar domestic growth. In order to generate returns going forward, investors may need exposure to alternative strategies spread across global markets and asset classes – and that’s precisely what BlackRock intends to deliver with its newly launched BlackRock Alternative Capital Strategies Fund (BIMBX).
Regards,
Ted
http://dailyalts.com/blackrock-launches-credit-oriented-multi-alternative-fund/

M* Snapshot BAMBX: (A Shares) http://www.morningstar.com/funds/XNAS/BAMBX/quote.html
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