BlackRock has given the thumbs up to prospects in Europe with an upbeat view of the region in its investment Institute mid-year outlook for global markets. Wei Li, global chief investment strategist at BlackRock Investment Institute, said in a media briefing on 7 July to launch the institute's 2021 Midyear Outlook report that "the powerful economic restart is broadening, with Europe and other major economies catching up with the US. "We expect a higher inflation regime in the medium term - with a more muted monetary response than in the past. Tactical implication: We go overweight Eur...
To continue reading this article...
Join International Investment
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes