BlackRock Says Investors Are Underweight on ‘Sophisticated' China Assets: FT

(AF) Researchers at BlackRock, the world’s largest asset manager, have said investors should triple their exposure to China because its emergence as a full-fledged developed economy makes the country a safe bet, the Financial Times reported.

The company’s internal think tank believes China is under-represented in portfolios despite its markets being large and sophisticated, the reports added. Full report: Financial Times.

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Mark McCord

Mark McCord is a financial journalist with more than three decades experience writing and editing at global news wires including Bloomberg and AFP, as well as daily newspapers in Hong Kong, Sydney and Melbourne. He has covered some of the biggest breaking news events in recent years including the Enron scandal, the New York terrorist attacks and the Iraq War. He is based in the UK. You can tweet to Mark at @MarkMcC64371550.