BlackRock Raises EM Equities Back to Overweight on AI, Earnings
7 Articles
7 Articles
(Seoul = Yonhap News) Reporter Jung Joo-ho = Emerging..., which BlackRock, the world's largest asset management firm, lowered last June due to risks of concentration and leverage related to artificial intelligence (AI) in Korea...
BlackRock Raises EM Equities Back to Overweight on AI, Earnings
BlackRock Inc. has returned to an overweight recommendation on emerging-market equities, betting that access to the scarce resources needed for the artificial-intelligence boom and strong earnings will drive outperformance.
The BlackRock manager again recommended an overweight position (equivalent to buying) in emerging market shares, reinforcing its strategy of higher exposure to risk even in a higher global interest environment. According to the manager, the increase in interest rates around the world raised the investor return demand, but [...]
Economy: Direct - Black Rock recommenced its recommendation to increase the relative weight of emerging market shares, betting that access to scarce resources needed to develop artificial intelligence and power...
BlackRock, a major player in global capital markets, has decided to increase its recommendation and investment weighting for emerging market (EM) equities. A statement released by the company...
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