BlackRock, Inc. announced it is making available to retail and high net worth clients the BlackRock Multi-Asset Income Fund (BAICX), which provides an unconstrained strategy for tapping the best opportunities for diversified income around the world, across asset classes and within sectors. The Fund offers to individual investors for the first time an approach for income generation that BlackRock has already implemented for many leading, global institutional investors. Previously named the BlackRock Income Portfolio Fund, the Fund has changed by adding flexibility to pursue a broader range of attractive income and return opportunities including alternative sources of income such as MLPs, REITs and other investment instruments. The Fund is managed by a team of portfolio managers from the BlackRock Multi-Asset Client Solutions (BMACS) team. BMACS is a 150-person team consisting of analysts, actuaries, strategists and portfolio managers globally. At December 31, 2011, BMACS managed over $80 billion in retail client assets. The team develops institutional-grade tactical asset allocation strategies for some of the endowments, pension plans, sovereign wealth funds, 401k plan participants and retail investors. The Multi-Asset Income Fund aims to provide less volatility than a traditional balanced portfolio. To that end, its managers maintain daily contact with BlackRock's risk management professionals to assess the likely impact of risk sources on fund positions and re-allocate assets accordingly.