BlackRock is the world's largest fund manager, they warn investors to 'build resilience' into portfolios.
- The outlook is over 5 to 20 years.
Wait …. 5 to 20 years?
Nah … TL/DR
:-D
Alright then, more:
- "Investors cannot ignore the risk of a recession. Building resilient portfolios is always important but especially in this 'late cycle' environment" said Jean Boivin, global head of research at BlackRock Investment Institute.
- BlackRock's base case looks ahead 10 years
- favours emerging market equities and developed market government bonds at the expense of credit
- suggests a tilt away from US equities
The Financial Times have more, may be gated:
