01Section
Allocation language is setting the desk risk budget
BlackRock keeps selective risk on, while warning that policy and rates still argue for explicit defensive ballast in multi-asset books.
- BlackRock Investment Institute: Risk budgets stay constructive, but ballast is still required
02Section
Conviction changes are outranking routine maintenance updates
NH flags that the useful midday changes are not the headline numbers themselves, but the revisions where tone and evidence moved together.
- NH Investment & Securities Research: Target-price revisions matter only when conviction language changed too
03Section
Korea positioning stays catalyst-led
NH flags that the useful midday changes are not the headline numbers themselves, but the revisions where tone and evidence moved together.
- NH Investment & Securities Research: Target-price revisions matter only when conviction language changed too