Fixed Income Strategies

Flexible strategies

• Flexible approach to asset allocation
• No benchmark, maturity or geographic constraints with duration flexibility
• Risk-aware process
Contact our fixed income team Contact our fixed income team

Overview

  • 01

    Flexible fixed income solutions have the potential to navigate nimbly across sectors to optimize for attractive yield and returns, while managing for downside risk. BlackRock's Flexible strategies use a flexible approach to seek consistent, attractive risk-adjusted returns across all market environments.

  • 02

    Flexible strategies are not tied to a benchmark and have no constraints regarding maturity, sector, or geography. Thus, unlike traditional bond strategies, Flexible strategies have the flexibility to actively manage duration and access a broad fixed income opportunity set.

  • 03

    Our flexible solutions seek attractive opportunities typically not found in traditional core bond funds, while retaining the general risk profile of traditional fixed income through diversification. Our strategies are built to navigate changing market environments, with capabilities to run a more defensive or opportunistic profile.

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Portfolio construction

Flexible solutions are not tied to a specific benchmark. Instead, portfolio managers seek to build a portfolio of diversified exposures, dynamically adjusting positioning to help enhance returns and mitigate risk in constantly changing market environments. The flexibility allows the team to efficiently budget risk to the most robust risk-adjusted return sources. Portfolio construction involves implementing a top-down view that drives geographic and sector allocations as well as duration positioning. Sector specialists, in turn, draw on their knowledge and relationships to implement security selection decisions. The team can also implement macro hedges as well as relative value expressions to mitigate risks, provide uncorrelated sources of return, increase diversification, and smooth volatility.

Portfolio managers

Rick Rieder
Senior Managing Director, CIO of Global Fixed Income, Head of Global Allocation Investment Team
Russel Brownback
Managing Director, Global Fixed Income, Head of Global Macro Positioning for Global Fixed Income
David Rogal
Managing Director, Global Fixed Income, Head of Core and Core Plus Fixed Income Strategies, Head of Inflation Linked Strategies

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