Blackrock dominates absolute return and specialist sectors

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A duo of BlackRock funds is dominating both the burgeoning IMA Absolute Return sector and the ailing IMA Specialist sector.

While both funds boast impressive three-year records, in the short-term they have been affected by the markets. According to Cofunds, the absolute return sector now comprises 15pc of the platform's net - highlighting a flight to safety - while IMA Specialist dropped out of Cofunds' list of top 10 sectors in quarter three. The platform's statistics show that the absolute return sector has grown since its launch in quarter two - with an increase of 7.16pc in net sales over the quarter - and the BlackRock Absolute Alpha fund sits both at the sector's helm in quarter three and at the top o...

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