Posted inHead To Head

HEAD-TO-HEAD: Blackrock versus Fidelity

FSA compares two US dollar mixed asset products: the Blackrock GF Global Multi-Asset Income Fund and the Fidelity Global Multi Asset Income Fund.
by Michelle Ng

123456

Manager review

Morningstar noted that Blackrock and Fidelity both boast large teams behind their strategies.

The Blackrock fund is managed by Michael Fredericks who took over the Multi-Asset Income strategy in 2011.

“He is well-supported by two comanagers and around 17 distinct, well-regarded Blackrock teams which run sleeves for the strategy and provide market views for their respective asset classes,” noted Morningstar.

At Fidelity, lead manager Eugene Philalithis has been with asset manager since 2007 and has managed this fund since its launch in March 2013.

He is supported by deputy manager George Efstathopoulos and senior analyst manager research analyst Becky Qin, who joined at 2020 year-end.

“Fidelity’s team also leans heavily on internal managers, but they also invest in some outside funds, especially for alternative exposures,” said Mottola.

Philalithis was promoted as the head of the European and UK multi-asset teams in January 2020, but he continues to maintain a close eye on his portfolios, said Morningstar.

123456

Related Stories

FSA SPY

The FSA Spy market buzz – 28 March 2025

JP Morgan Asset Management gets enhanced; Thailand wants some leverage; Natxis is surveying the world; A billionaire here, another there; Business social media lunacy; Andrew Carnegie’s wisdom and more.

Part of the Mark Allen Group.