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Trade, political tensions 'remain uncertainties in H2'

BlackRock says it is thus reducing risk and being defensive in its portfolios

BlackRock says that in its equity portfolios, it has raised cash levels and reduced exposure to technology companies.


HEIGHTENED trade and geopolitical tensions have dimmed the near-term outlook for the global economy, despite an increasingly accommodative stance from central banks (including the US Federal Reserve) and little signs of financial imbalances, BlackRock has said.

Given such...