-
@ Layer3.news
2025-02-27 09:06:01
nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgr8g2hyzql5lt4cxfjdj40hgtu6vydvsqvsesqy8canygcce3lwvyyapkyy
BLACKROCK TO REASSESS AUSTRALIAN EXPOSURE AMID STRETCHED VALUATIONS, WEAK GROWTH
https://media.zenfs.com/en/reuters-finance.com/d8bc2bf6842f2584858c4c01f47311c8
--
✍️ BlackRock, the world's largest asset manager, is considering shifting its focus away from Australia due to stretched valuations and weak growth, and is eyeing better opportunities in other markets.
--
👉 BlackRock is considering shifting its focus away from Australia due to stretched valuations and weak growth
👉 The firm is eyeing better opportunities in other markets like the U.S. and Japan
👉 BlackRock is 'pro-Japan' due to recent corporate reforms and inflation
👉 The firm is overweight on U.S. equities
👉 Australian asset valuations have become stretched by weak economic growth and a prolonged period of high interest rates
--
#ChristineChen #KatiePetering #CraigVardy #Australia #Japan #Sydney #U.S. #business
--
nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgrq30zjrkt9zlcerx8z5le86lzuddg4p7luqqwh9k9dpd9nfwk8wy52sczp