BlackRock cuts back on China exposure on macro, geopolitical concerns

BlackRock cuts back on China exposure on macro, geopolitical concerns

A woman walks next to a BlackRock sign pictured in the Manhattan borough of New York, October 11, 2015. REUTERS/Eduardo Munoz

BlackRock trimmed its exposure to Chinese stocks and government bonds, and Asian fixed income more widely, to neutral from a slight overweight, citing a worsening macroeconomic outlook as well as geopolitics.

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