BlackRock’s research arm, in its mid-2026 Global Investment Outlook, cut its 6–12 month rating on emerging-market equities from overweight to neutral, citing concentration risk around AI-exposed stocks. It flagged markets such as South Korea as particularly vulnerable due to heavy reliance on AI-related firms. The report said short- and medium-term euro-area government bonds are attractive, adding that market worries about the rate outlook appear overdone.

2026-06-30

BlackRock’s research arm, in its mid-2026 Global Investment Outlook, cut its 6–12 month rating on emerging-market equities from overweight to neutral, citing concentration risk around AI-exposed stocks. It flagged markets such as South Korea as particularly vulnerable due to heavy reliance on AI-related firms. The report said short- and medium-term euro-area government bonds are attractive, adding that market worries about the rate outlook appear overdone.