SINGAPORE: The world’s biggest asset manager is betting that some of the Asian markets that are closely tied to China’s recovery and have policy headroom will outperform peers over the next year.
BlackRock Inc, which oversees US$6.47 trillion in global assets, expects stocks and bonds in China, and its trading partners such as South Korea, Japan and Taiwan, will do better than global emerging markets over the next six to 12 months, according to Ben Powell, chief investment strategist for Asia-Pacific at the firm.
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