BlackRock expands its range of strategic funds with the launch of Tactical Opportunities Plus
7 JUL, 2026
By Joanna Piwko from RankiaPro Europe
BlackRock has announced the launch of BSF Tactical Opportunities Plus Fund, a new UCITS liquid alternatives fund designed to respond to the growing demand for macro strategies that offer consistent and uncorrelated returns, as well as to strengthen portfolio diversification during periods of volatility.
The fund was presented in London today, July 7, 2026, and joins the firm's Strategic Funds (BSF) range.
A strategy based on global macro dispersion
Tactical Opportunities Plus aims to generate differentiated returns by taking advantage of macro dispersion and price dislocations in the equity, bond, and currency markets of more than 25 countries. To do this, the management team combines systematic and discretionary investment styles, with a strong emphasis on careful portfolio construction, allowing innovative data to guide tactical positioning.
The new vehicle builds on BlackRock's already established Tactical Opportunities strategy, which has recorded positive returns in all years since its inception as a UCITS fund in 2019, including 2022, a year in which both equities and fixed income suffered double-digit falls. Tactical Opportunities Plus is designed for investors seeking higher returns and greater capital efficiency within their alternatives allocation.
The main manager's vision
Tom Becker, main manager of the Tactical Opportunities Plus fund at BlackRock, has pointed out that, in a context where traditional diversifiers based solely on long positions have become less reliable and macro dispersion is high, investors are increasingly turning to liquid alternatives and macro strategies to achieve consistent and uncorrelated returns.
Becker has emphasized that the new fund applies the same investment process and the same risk management discipline that has characterized the Tactical Opportunities strategy for over a decade, and is confident that this new offering is well positioned for this high macro dispersion regime in global markets.
The fund is managed by BlackRock's Global Tactical Asset Allocation (GTAA) team, which manages around 60,000 million dollars for wealth and institutional clients worldwide, of which 8,000 million dollars already correspond to the existing Tactical Opportunities strategy.
