Blackrock has unveiled what it claims is Europe’s first range of multi-asset ESG portfolios using exchange traded funds as building blocks.
The three Blackrock ESG Multi-Asset ETFs use iShares ETFs to provide access to stocks and bonds according to three risk profiles – conservative, moderate and growth – with the aim of delivering a total return (see table).
They have an ongoing charges figure of 0.25%.
Rafael Iborra and John Wang, who manage more than $5bn of assets in Europe as part of Blackrock’s multi-asset team, will co-manage the funds.
Blackrock head of banks and digital channels in the UK Joe Parkin (pictured) said: “There has never been a more important time for people to take control of their financial well-being. This choice of three ready-built portfolios has been designed to help more people invest money towards their long-term financial goals with ease, while benefitting from investment expertise across Blackrock.
“We are doubling down on the characteristics that we know attract people to ETFs, to achieve broad exposure to the markets in an ESG and risk conscious way.”
| Fund | Bonds (%) | Stocks (%) | Volatility targets |
| Blackrock ESG Multi-Asset Conservative Portfolio Ucits ETF
|
80% | 20% | 2-5% |
| Blackrock ESG Multi-Asset Moderate Portfolio Ucits ETF
|
49% | 51% | 5-10% |
| Blackrock ESG Multi-Asset Growth Portfolio Ucits ETF | 25% | 75% | 10-15% |
