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Reuters

Reuters

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World

BlackRock to reassess Australian exposure amid stretched valuations, weak growth

Reuters
Summary
Nutrition label

82% Informative

BlackRock , the world's largest asset manager, said it was considering shifting focus away from Australia due to stretched valuations and weak growth.

The firm said Australian asset valuations had become stretched by weak economic growth and a prolonged period of high interest rates.

BlackRock said it supported the central bank's cautious stance amid tight labour market and geopolitical uncertainty.

VR Score

93

Informative language

98

Neutral language

78

Article tone

semi-formal

Language

English

Language complexity

59

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links