BlackRock’s $220 Billion Model Machine Stays Bullish on Stocks

The world’s largest asset manager is standing by its bullish outlook for US equities across its $220 billion model platform as geopolitical tension roils asset classes.

BlackRock Inc. is maintaining its 3% overweight positioning on equities, according to an investment outlook viewed by Bloomberg. That level is unchanged from November’s model rebalance despite the war in Iran and rising concerns over both artificial intelligence spending and the technology’s disruption potential.