Justin Christofel is a portfolio manager and member of the BlackRock Multi-Asset Strategies (MAS) team, which is responsible for developing, assembling, and managing both global
tactical asset allocation products and outcome - oriented solutions.
She helps develop
new asset allocation products and manages the firm's allocation funds: Conservative Allocation, Moderate Allocation, Growth Allocation, and the Checks & Balances Fund.
The birth of the modern -
day asset allocation product traces back to the 1970s, when investors gained access to a larger universe of investments, such as real assets and currencies, plus the expanded use of a growing derivatives market that offered more precise exposures and better hedging techniques — all in a single product aimed at creating a specific investment outcome.
As investors peer into the future and contemplate the potential for lower market returns, we see few options with greater versatility and more powerful risk - adjusted return potential than
asset allocation products.
Asset allocation products — those designed to blend stocks, bonds and other investment types into a single investment — can fit the bill by helping provide unique return streams to investor portfolios.
An MIP is essentially
an asset allocation product.