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Not the time to be greedy in pursuit of income: BlackRock

Investors should continue to brace themselves for sharp market pullbacks; US, Europe equities not cheap

In China, BlackRock believes opportunities are emerging in the old economy segment of stocks, which has been beaten down relative to the new economy or technology stocks.


AN ageing demographic underpins an intense appetite for income globally, but now is not the time to dial up on risk, particularly as high quality dividend stocks are overvalued, said BlackRock head of income investing (multi-asset strategies) Michael Fredericks.

He said