BlackRock launches third DGF as market heats up

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BlackRock has launched a new multi-asset strategy aiming to provide cash outperformance of 6% as competition heats up in the diversified growth fund (DGF) market.

The fund, targeting pension schemes, will not be tied to a traditional benchmark and will invest in an unconstrained manner across equities, fixed income, cash and alternatives such as volatility s...

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