BlackRock Just Declared the 60/40 Portfolio Dead. Here's What Replaces It.

BlackRock says the historical stocks-vs-bonds relationship that supported 60/40 portfolios is now broken, prompting a need to rethink diversification. It counsels selective exposure to high-quality AI equities and emerging-market hard-currency debt as attractive alternatives to help restore portfolio balance.

Analysis

BlackRock says the historical stocks-vs-bonds relationship that supported 60/40 portfolios is now broken, prompting a need to rethink diversification. It counsels selective exposure to high-quality AI equities and emerging-market hard-currency debt as attractive alternatives to help restore portfolio balance.