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The investment seeks capital appreciation and current income. The fund can also invest in index derivative instruments, while maintaining a small amount of cash for the purpose of serving as collateral for such investments held by the fund. Through investment in the underlying ETFs, equity and fixed income futures, and other derivatives the fund is expected to have a normal strategic portfolio allocation of 54% in equities, 40% in fixed income, and 6% in real assets, which is subject to tactical adjustments and adjustments based on expectations of volatility.
Name | Title | Since | Until |
---|---|---|---|
Michael Pensky | Director | 2019 | Now |
Biography | Michael Pensky, CFA, Vice President and Associate, is a researcher and portfolio manager in the GTAA team. The team is responsible for managing global tactical asset allocation products with custom client preferences and constraints. Mr. Pensky’s service with the firm dates back to 2011. Prior to joining BlackRock, Mr. Pensky held a trading desk strategist position in Morgan Stanley’s Securitized Products Group and had worked as a senior analyst in Foreign Exchange Sales & Trading at SunTrust Robinson Humphrey. | ||
Philip J. Green | Managing Director | 2011 | Now |
Biography | Philip Green, ortfolio Manager,Primarily responsible for the day-to-day management of the Master Portfolio since 2016, including setting the Master Portfolio’s overall investment strategy and overseeing the management of the Master Portfolio. managing Director of BlackRock, Inc. since 2006 |
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