FAIL: BlackRock Closes Global Macro Fund

Posted on 11/19/2015


Another casualty has been recorded in the global macro fund industry. Other asset manager giants have shuttered funds this year including Bain Capital and Fortress Investment Group, LLC. The world’s largest asset manager is shuttering its global macro fund after lackluster investment performance. BlackRock Global Ascent Fund returned -9.4% so far this year (ending in […]

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