You are here

Trade, political tensions 'remain uncertainties in H2'

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

BT_20190705_NSBLACK4_3826538.jpg
BlackRock says that in its equity portfolios, it has raised cash levels and reduced exposure to technology companies.

Singapore

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...