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BlackRock, the world’s biggest asset manager, is leaning into the stock market’s post-election rally by investing $2 billion into Momentum stocks, after shying away from risk exposure in the run-up to the vote. Emily Graffeo reports https://t.co/iD9fE2QzY8 https://t.co/BZnimji4So
BlackRock, the world’s biggest asset manager, is leaning into the stock market’s post-election rally by investing $2 billion into momentum stocks, after shying away from risk exposure in the run-up to the vote. Emily Graffeo reports https://t.co/t3c2xHp5BL https://t.co/x3tPWtEi3l
How did BlackRock respond to the election? By rotating out of bonds and into equities, incl a $2b bomb into its momentum ETF $MTUM. Scoop/story on the giant model portfolio from @kgreifeld here: https://t.co/4D7bxGrQ9X via @markets https://t.co/8nG2HxdXHd
BlackRock, the world’s biggest asset manager, is capitalizing on the stock market’s post-election rally. After maintaining a cautious stance before the election, BlackRock has shifted its strategy by moving out of bonds and investing $2 billion into its Momentum ETF ($MTUM). This significant investment marks a notable change in BlackRock's approach, reflecting increased confidence in the equity market following the election. Emily Graffeo reports.
