BlackRock cuts China equities exposure
The US fund manager is shifting emphasis from a macro to a stock-selection approach, highlighting opportunities in specific sectors.
BlackRock has reduced its weighting to China equities considerably since six to nine months ago on uncertainty about what will drive the country's economic growth in the coming years. This follows a 30% rally on the CSI 300 index between the fourth quarter and its peak in February.
The world’s second largest economy needs to find a new growth driver to sustain its momentum after benefiting from several years of double-digit growth thanks to its demographic advantages, argues Ning …
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.