NEW YORK (Reuters) – BlackRock has added to its strategic overweight position in equities and has a tactical underweight in credit, its strategists wrote in a recent note.
“The dislocations in markets so far in 2022… presents long-term investors with a strategic opportunity to bump up equity allocations,” they wrote. “We add to our developed market equity overweight following their year-to-date selloff and keep our strong underweight to nominal government bonds.”
