TechBloomberg Tech1h ago
BlackRock raises EM Equities Back to Overweight on AI, Earnings
BlackRock Raises EM Equities Back to Overweight on AI, Earnings
TL;DRBlackRock upgrades emerging markets, citing AI demand and earnings growth.
Why it matters: Signals institutional confidence in EM valuations; affects trillions in fund allocations.
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.
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