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BlackRock manager doubts semicon boom will last

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The semiconductor sector has boomed this year, but Andrew Swan, BlackRock's head of Asian and global emerging markets equities, doubts the party will last.

Singapore

THE semiconductor sector has boomed this year, but Andrew Swan, BlackRock's head of Asian and global emerging markets equities, doubts the party will last.

Citing high valuations and possible weakness ahead, he prefers to focus on "old economy" sectors like steel instead

sentifi.com

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