BlackRock, as the world's largest asset manager, is proactively reducing its exposure to US equities and growth-oriented shares due to anticipated market turbulence linked to an upcoming Federal Reserve interest rate cut cycle and the US presidential election. Although the overall market sentiment remains bullish, the firm is strategically shifting its investment focus towards value and fixed income. This move signals a concerted effort to manage risk amid changing market conditions. BlackRock's diverse offerings, including ETFs and model portfolios, illustrate the growing trend of advisors seeking to outsource portfolio management, highlighting the evolving landscape within the asset management industry.

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