© Reuters. FILE PHOTO: A trader works as a screen displays the trading information for BlackRock on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 14, 2022. REUTERS/Brendan McDermid
(Reuters) – Asset manager Blackrock (NYSE:) on Wednesday said that a new regime of greater macroeconomic and market volatility means that investors should demand more compensation for taking the same levels of risk and should increase their strategic allocations in inflation-linked bonds, high yield and investment grade credit.
A week after it released its 2023 global outlook, the Blackrock Investment Institute said in a note that the new regime calls for a larger overweight position in inflation linked bonds, and suggested moves to overweight in developed market high-yield and global investment grade credit, from underweights. It also called for a smaller overweight in developed market equities.
Be the first to comment