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BlackRock European Absolute Alpha

Ranked 63 out of 84 in - Long/Short Equity over 12 months
All calculations are in GBP unless stated

Managed by

Stefan Gries

Stefan Gries, CFA, director and research analyst, is a member of BlackRock's European Equity team within BlackRock's Alpha Strategies Group. Prior to joining BlackRock in 2008, he spent two years at Scottish Widows Investment Partnership where he completed a two year graduate program. During this program Stefan was an analyst covering auto and auto suppliers, metal & mining sectors and small and mid-cap Eurozone stocks. During his studies, Stefan worked summers at Lehman Brothers and DWS Investments. He earned an MA in Economics and Spanish from the University of St Andrews in 2005.

David Tovey

David Tovey was born in London during the late seventies. He graduated from the University of Warwick in 1998 with a degree in economics. He joined Blackrock (then Merrill Lynch) in the same year as an analyst. Having progressed to become a fund manager, he currently runs the BGF Swiss Small & Mid Cap Opportunities Fund. Outside of fund management he enjoys tennis.

Objective

This Fund seeks to achieve a positive absolute return for investors and, as such, the Fund will not be managed against any European equity index. The Fund invests primarily in a portfolio of equities and equity-related securities (including derivatives) of companies incorporated or listed in the European Economic Area and Switzerland, although from time to time cash and near cash may be held. The Fund may also invest in other transferable securities, permitted money market instruments, permitted deposits and units in collective investment schemes. In order to achieve the investment objective and policy the Fund will invest in a variety of investment strategies and instruments.

Showing fund performance in United Kingdom View performance globally

Performance

Long/Short Equity over : 31/10/2016 - 31/10/2017
  • Rank 63/84 Total Return
  • Rank 31/84 Standard Deviation
  • Rank 48/84 Max Drawdown
Fund Name Currency Return
61 RWC Europe Absolute Alpha A GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

2.2%

62 Verrazzano European Long-Short EI GBP Hgd

Currency exposure is hedged

Currency exposure is hedged

GBP

2.1%

63 BlackRock European Absolute Alpha P Acc GBP

2.1%

64 BNY Mellon Absolute Return Equity R GBP Acc GBP

1.8%

65 Payden Absolute Return Bond GBP Acc GBP

1.7%

Fund Name Currency Risk
29 Schroder GAIA Sirios US Equity GBP Hdg C Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

4.0

30 LM MC Japan Abs Alpha M (PF) GBP Dis (A) (H)

Currency exposure is hedged

Currency exposure is hedged

GBP

4.1

31 BlackRock European Absolute Alpha P Acc GBP

4.3

32 Goldman Sachs Glo Eq Long Short Pf DV Acc GBP-H

Currency exposure is hedged

Currency exposure is hedged

GBP

4.3

33 Henderson HF Pan European Alpha I2 GBP H

Currency exposure is hedged

Currency exposure is hedged

GBP

4.4

Fund Name Currency Loss
46 Schroder ISF European Alpha Abs Return GBPH C Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

-3.1%

47 GAM Star Global Quality GBP Acc GBP

-3.2%

48 BlackRock European Absolute Alpha P Acc GBP

-3.3%

49 Old Mutual UK Opportunities A Acc GBP

-3.5%

50 City Financial Absolute Equity A Acc GBP

-3.6%

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 -0.3% 2.3% 2.2%
2016 -5.9% -1.7% 1.0% -0.4% -4.9%
2015 8.9% 1.9% 1.4% 2.9% 2.5%
2014 0.3% 2.7% -4.4% 0.5% 1.5%
2013 4.4% 1.3% 1.8% -0.5% 1.7%
2012 5.2% 1.7% 1.6% 0.5% 1.3%
2011 5.7% -2.3% 0.1% 4.7% 3.3%
2010 3.8% 0.8% -1.6% 2.4% 2.3%
2009 2.1% 0.6% 0.4%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date31/03/2009
  • Share Class size57Mn
  • Base currencyGBP
  • ISIN GB00B4Y62T40

Purchase Info

  • Min. initial investment500
  • Min. regular additional investment50

Charges

  • Annual management1.50%
  • Initial investment5

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).