Overview

• BlackRock has raised its UK asset holdings to approximately £570 billion, targeting undervalued stocks, bonds, and infrastructure projects.
• CEO Larry Fink expressed greater confidence in the UK economy compared to a year ago, attributing the shift to policy changes under Prime Minister Keir Starmer's administration.
• Fink described a 'capitulation moment' where UK and European governments have pivoted toward growth-focused economic strategies.
• The Competition and Markets Authority's accelerated decision-making is seen as a key example of the UK's more investment-friendly environment.
• Despite concerns over higher employer national insurance payments, BlackRock views the UK's macroeconomic outlook and infrastructure sector as promising.