BlackRock has launched its BlackRock Diversified Alternative Strategies LTAF, providing pension savers access to a diversified range of private market investments. The move is designed to enhance long-term retirement outcomes by complementing public market exposures with assets such as infrastructure, private equity and real estate, and reflects continued momentum across U.K. workplace pensions to incorporate suitable long-term, less-liquid assets into defined contribution default schemes.
The new fund has been seeded by two anchor investments — the BlackRock U.K. Retirement Savings Plan, advised by Mercer, and the U.K. pension scheme of another global financial services firm.
“Retirement is at the core of what we do at BlackRock,” said Sarah Melvin, head of the United Kingdom and Europe Client Business at BlackRock. “We’re delighted to support pension schemes in providing their members access to a broad range of private
