BlackRock Investment Institute cites China as 'standalone' from EMs for first time

clock • 2 min read
BlackRock Investment Institute cites China as 'standalone' from EMs for first time

BlackRock Investment Institute (BII) has said it is time for China to be considered "an investment destination separate from" emerging markets (EM) and developed markets (DM) and revealed it is breaking out Chinese assets from EMs "as distinct tactical allocations" for the first time in its 2021 mid-year outlook. The asset manager's research division identified ‘China stands out' as one of three themes for the rest of 2021, alongside 'the new nominal' and 'journey to net zero'. It point...

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