BlackRock Global Unconstrained Equity (UK)

Introduction to the fund

BlackRock Global Unconstrained Equity is a concentrated, high-conviction fund, targeting extraordinary companies across developed markets. It takes a long-term approach which filters out short-term noise in the marketplace. Although relatively new, it is backed by some of the most experienced and top-performing equity managers of the past decade.

Fund manager

Alister Hibbert, Michael Constantis

Alister Hibbert is a well-known and experienced fund manager who previously ran European equities at Invesco Perpetual, Oeschle International and Scottish Widows. Alister joined BlackRock in 2008 and successfully managed BlackRock European Dynamic until 2020 when he relinquished the fund to launch this portfolio. Alister is also co-manager and founder of the BlackRock Strategic Equity Hedge fund strategy.

Opinion on fund

We think this fund has a sound philosophy and strategy. It has the added advantage of being able to access the immense resources of BlackRock, as well as being run by two top performing managers. Alister Hibbert and Michael Constantis have delivered exceptional performance for investors throughout their careers, and we have no hesitation in backing them on this fund. BlackRock Global Unconstrained Equity is still relatively young but has already delivered excellent performance since it launched in January 2020 despite the difficulties which many other quality growth strategies have experienced.

Fund performance

Key facts

  • Fund size

    £1,300.7m

  • Chelsea rating

    Buy

  • Core Selection

    Yes

  • Chelsea Risk Rating

    7

  • AMC

    0.75%

  • OCF

    0.89%

  • Unit Type

    Acc and Inc

  • Yield

    –

  • FundCalibre rating

    Elite Rated

How to invest

Once you know where you want to invest, there are a number of ways you can invest:

  • Log in here and process your instruction
  • Call us on 020 7384 7300 to buy over the phone or request an application form
  • Download an application form and post it to us, along with a cheque
Find out more
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Important information

Source: Performance data sourced from FE Analytics (IA universe). Yield figures (per annum), Fund Size data and AMCs/OCFs are as at 23/01/2026 unless otherwise stated.

The performance graph, factsheets and Key Investor Information Document is provided by FEfundinfo, and updated on a daily basis.

Some funds listed are off shore-domiciled and subject to different regulations. Off shore funds typically do not offer investor compensation under the UK Financial Services Compensation Scheme (FSCS).

Performance history extended by FE fundinfo to illustrate the fund’s longer-term record.

Sector rankings calculated from multiple underlying sectors; certain funds remain unranked due to limited comparability.

Funds assigned to an alternative IA sector; sector rankings may differ accordingly.

The information provided is based on our proprietary qualitative and quantitative research. Whilst reasonable efforts have been taken to ensure accuracy, Chelsea Financial Services cannot guarantee that the information is free from errors, omissions, or inaccuracies.

This information does not constitute investment advice and should not be interpreted as a recommendation to invest in any fund listed. Past performance is not a reliable indicator of future returns.

Please read the full Important Notice on page 2 of the FundReview 2025 carefully before making investment decisions.

Whilst every effort has been made to ensure the accuracy of this information, Chelsea Financial Services takes no responsibility for any errors, omissions or inaccuracies contained therein. The funds within the Chelsea Selection are based on our proprietary research, which is both qualitative and quantitative. Please note this is not investment advice, nor does it imply that you should invest in this fund. Past performance is a not a guide to future returns.

To find out more about our Chelsea Risk Rating, please visit our dedicated page.

The AMC (annual management charge) is paid to the fund management company for managing the fund. It is calculated as a percentage of the value of the fund. The AMC is less than the Ongoing Charges Figure (OCF).

The OCF (ongoing charges figure): The cost includes the AMC and other fees such as registration, regulatory, audit and legal fees but does not include transaction costs and performance fees.