BlackRock (BLK) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
LONDON, September 27, 2023--Global insurers are adapting to a challenging macro environment in 2023, according to BlackRock’s 12th annual Global Insurance Report. To do so, they are adopting a strategic asset allocation (SAA) that favors flexibility, allowing them to take advantage of opportunities in public and private markets, and invest in the transition to a low-carbon economy. The report includes findings from 378 insurance investors surveyed across global markets, representing nearly $29 t
The rally in India's mid- and small-cap stocks will continue amid more inflows into these segments, the head of India's tenth-largest mutual fund said on Tuesday. "The rally may continue due to more flows and less companies to invest in," Kalpen Parekh, managing director and CEO of Mumbai-based mutual fund DSP, told the Reuters Trading India forum. DSP Mutual Fund will also launch a small-cap fund this year to take advantage of the inflows to the segment, Parekh said.