Wei Li, BlackRock’s global chief investment strategist, prefers equities over government bonds and credit from a total portfolio perspective. The asset manager, overseeing approximately $10 trillion in assets, maintains an overweight stance on US equities, forecasting roughly 44% growth for the IT sector in 2026. BlackRock revised its IT sector growth expectations upward throughout 2026, reflecting its enthusiasm for AI infrastructure opportunities. The firm adopts a selective approach to fixed income, favoring shorter maturities where yields remain elevated but duration risk is manageable. This « risk on » strategy bets that fiscal pressures and sticky inflation will continue to erode the risk-reward profile of 10-year and 30-year bonds.
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