Key Takeaways
- • BlackRock promotes its liquid alternative strategies as a way to seek consistent returns across market cycles, using return sources less correlated with traditional markets.
- • The firm says its liquid alts platform spans fundamental and systematic, equity, fixed income, multi-strat, macro and event-driven, diversified, regional and sector-specific, commingled, custom and co-investment strategies.
- • BlackRock cites trading operations handling over $1 trillion in securities daily (per its own March 31, 2025 figure) as an execution advantage for its liquid alts teams.
- • Raffaele Savi, Global Head of BlackRock Systematic, argues that scale and technology have driven the largest hedge fund managers to outperform smaller peers over the past 40 years, citing HFR data.
Summary
BlackRock's web feature positions liquid alternative strategies as a means to deliver consistent investment outcomes across market cycles. According to the firm, these strategies seek return drivers that are less correlated, or even negatively correlated, with traditional markets, which it says can enhance portfolio diversification and improve risk-adjusted outcomes. The firm also states that low beta to equities is designed to cushion portfolios during market downturns.
The piece outlines BlackRock's liquid alternatives platform, which covers fundamental and systematic, equity, fixed income, multi-strat, macro and event-driven, diversified, regional and sector-specific strategies, as well as commingled funds, custom solutions and co-investments. BlackRock says its trading operations span every asset class, with over $1 trillion in securities traded daily as of March 31, 2025, giving its teams access to better pricing, liquidity and tighter execution spreads through internal matching.
In a featured transcript, Raffaele Savi, Global Head of BlackRock Systematic and Co-CIO of Systematic Active Equities, argues that the largest managers have systematically and substantially outperformed smaller managers over the last 40 years. He attributes this to technology and the ability to scale information processing. The figures cited are from HFR, with larger managers defined as first-quartile HFR managers by AUM, using data through August 31, 2024 and a performance period of July 31, 2004 to July 31, 2024. The source notes that past performance is not a reliable indicator of future results.
The page also introduces its investment team, including Philip Green (Global Tactical Asset Allocation), Mark McKenna (Event Driven) and David Trucano (Opportunistic Credit), alongside Savi. The material is promotional in nature and includes standard risk disclosures that capital is at risk and diversification may not fully protect against market risk.
The piece outlines BlackRock's liquid alternatives platform, which covers fundamental and systematic, equity, fixed income, multi-strat, macro and event-driven, diversified, regional and sector-specific strategies, as well as commingled funds, custom solutions and co-investments. BlackRock says its trading operations span every asset class, with over $1 trillion in securities traded daily as of March 31, 2025, giving its teams access to better pricing, liquidity and tighter execution spreads through internal matching.
In a featured transcript, Raffaele Savi, Global Head of BlackRock Systematic and Co-CIO of Systematic Active Equities, argues that the largest managers have systematically and substantially outperformed smaller managers over the last 40 years. He attributes this to technology and the ability to scale information processing. The figures cited are from HFR, with larger managers defined as first-quartile HFR managers by AUM, using data through August 31, 2024 and a performance period of July 31, 2004 to July 31, 2024. The source notes that past performance is not a reliable indicator of future results.
The page also introduces its investment team, including Philip Green (Global Tactical Asset Allocation), Mark McKenna (Event Driven) and David Trucano (Opportunistic Credit), alongside Savi. The material is promotional in nature and includes standard risk disclosures that capital is at risk and diversification may not fully protect against market risk.
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