Multi asset strategies at BlackRock

I talked to someone at BlackRock, also I saw some threads on WSO which indicate that people seem do not have a high word of multi-asset strategies (compared with alternatives, fixed-income, etc). Why? Whether they are just passive investment? Or they just do some macro manager research? It seems like multi-asset strategies incorporate a wide range of financial instruments (equity, FI, ETF, Alternatives, etc), so what exactly their daily job is? Appreciate any insights. Thanks.

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