TITLE

Lyttleton rejects calls to thin out absolute funds

AUTHOR(S)
Stodell, Hannah
PUB. DATE
July 2009
SOURCE
Money Marketing;7/9/2009, p18
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the rejection of the proposed rationalization of absolute return sector by Mark Lyttleton, fund manager at financial services and management provider BlackRock Inc., in Great Britain in 2009. Lyttleton explained that his decision is due to the risks that absolute funds may encounter especially in times of economic downturn. It also reflects his concern for the sector and prefer to let investors decide what is best for them.
ACCESSION #
43459446

 

Related Articles

  • BlackRock fund is positively booming. Collinson, Patrick // Fund Strategy;4/6/2009, p22 

    The article reports on the performance of the fund owned by BlackRock UK Absolute Alpha in Great Britain. The company has recorded a growth in the fund's asset to £1.4 billion from £ 300 million since it was launched in April 2005 and generated a net gain of 1.5 percent in the Financial...

  • BlackRock shake-up adds conviction.  // Fund Strategy;4/30/2012, p5 

    The article reports that Mark Lyttleton, the co-manager of the BlackRock UK Absolute Alpha Fund from BlackRock Inc., has decreased the number of holdings in the fund by 20 percent to create a more high conviction portfolio in Great Britain. It mentions that Lyttleton has also expanded the size...

  • fUND MANAGERS DIARY. Lyttleton, Mark // Fund Strategy;2/19/2007, p42 

    The article presents a week-long account of Mark Lyttleton's activities as manager at BlackRock. It is inferred that at the start of the week, Lyttleton had to prepare reports of the past week's performance and an analysis of risk composition. In Tuesday, he had to focus more on results from...

  • Alpha force. Ralph, Chris // Money Marketing;10/9/2008, p32 

    The author discusses the impact of the BlackRock UK Absolute Alpha's absolute return funds in 2008 in Great Britain. He commends the innovative structure of the fund and ability of Mark Lyttleton to evolve an investment process delivering good returns. However, he asserts that investors should...

  • Mark Lyttleton departs BlackRock in reshuffle. Yarker, Jonathan // Fundweb;3/25/2013, p13 

    The article informs that Mark Lyttleton, state fund manager of BlackRock is leaving the firm after 21 years in service.

  • Lyttleton raps weak launches. Stodell, Hannah // Money Marketing;2/19/2009, p25 

    The article reports on the concerns of BlackRock absolute alpha fund manager Mark Lyttleton over the absolute return funds that were being launched in Great Britain. Lyttleton warned that there were some products that were flimsy and there were products that were good. He also emphasizes the...

  • BlackRock's Lyttleton cuts holdings in UK absolute alpha fund. Brearley, Beth // Money Marketing (Online Edition);5/2/2012, p9 

    The article reports that the Mark Lyttleton, funding manager of BlackRock Inc., has decreased the number of holdings related to absolute alpha fund by 20 percent in Great Britain. It mentions that the performance of the fund fall by 6.9 percent in 2011. It mentions that Lyttleton raises the...

  • BlackRock's Lyttleton cuts holdings. Brearley, Beth // Fundweb;5/2/2012, p12 

    The article reports that Mark Lyttleton, fund managing director of BlackRock Inc. has decreased the holdings in the Absolute Alpha fund by 20 percent in Great Britain. It mentions that Lyttleton plans to improve the stock and reduces the number of holdings. It mentions that the performance of...

  • 'Over-optimism' hits BlackRock fund performance.  // Fund Strategy;8/23/2010, p5 

    The article reports that Mark Lyttleton, manager of the 2 billion pounds BlackRock UK Absolute Alpha fund, is disappointed with the fund's short-term performance and says over-optimism on the appraisal this year was the main factor in underperformance.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics