BlackRock launched the iShares Systematic Alternatives exchange-traded fund (ETF) to provide active, diversified exposure to alt risk strategies.

World's largest asset manager BlackRock has broadened its liquid alternatives line-up with the launch of a multi-strategy active ETF, offering investors a single vehicle with diversified exposure across alternative risk premia and systematic trading strategies. The fund is actively managed and brings together several alternative sleeves BlackRock said the iShares Systematic Alternatives ETF (Nasdaq: IALT) is designed to provide returns less correlated to traditional equity and bond markets.