What are the risks associated with multi-asset strategies? Why choose BlackRock for multi-asset strategies? Multi-asset funds offer the expertise of experienced fund managers who make investment decisions for you, such as whether to invest more assets overseas, shift assets from bonds to other income-generating securities, dial back risk or seek better opportunities. Multi-asset funds typically invest across a number of different asset types, including equities, bonds, cash and, potentially, alternative investments such as property and infrastructure.