BlackRock adjusts approximately $300 billion model portfolio, increasing equity exposure

On September 23, according to Bloomberg, asset management company BlackRock adjusted its positions in its approximately $300 billion model portfolio, increasing its equity exposure while maintaining a positive outlook on artificial intelligence.

According to an investment outlook seen by Bloomberg, in the United States, BlackRock directed funds towards large-cap stocks and shifted some of its artificial intelligence exposure from industry-leading companies to those it believes will benefit from or are adopting the technology. In terms of international allocation, BlackRock reduced its regional tilt towards the United States, developed markets, and emerging markets.