BlackRock raises risk allocation, increases U.S. stocks and increases exposure to AI

According to Jinshi data, BlackRock, the world's largest asset management company, has significantly increased its holdings in U.S. stocks and increased its exposure to the artificial intelligence field in its model portfolio platform with a scale of $185 billion. BlackRock increased its allocation to US stocks at the expense of reducing its holdings in international developed market stocks, and the overall stock holdings exceeded 2%. Data shows that on the day of adjustment, billions of dollars of capital flows occurred between its exchange-traded funds. BlackRock's adjustment is a statement of confidence in the rise of US stocks. Due to the investment boom in the AI ​​field and the market's bet on the Fed's interest rate cut cycle, the S&P 500 hit a record high. BlackRock said U.S. corporate earnings grew by 11%, while other developed market companies increased by less than 2%.