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21:37
Jan 26
Ursula Head of Investment Portfolio Solutions, BlackRock Bloomberg Markets
Europe repatriation trade rectifies underweight bias.
Investors have historically been underweight Europe, and that bias needs to be rectified as they seek to diversify away from the U.S. while retaining some U.S. trade exposure with protection; the strong repatriation trade is visible in $92 billion of 2025 inflows into European equities and BTPs, nearly matching the $94 billion seen over 2014-2024.
BTPs 1ST
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About BTPs Investor Commentary

Across the available history and selected sources, Buzzberg tracks BTPs across 1 sources: 1 bullish vs 0 bearish calls from 1 authors. Historical directional balance: 100% = 100 × (bullish − bearish) / all deduplicated idea records, including other directions. This is neither a probability of a price rise nor the share of bullish authors. 1 total trade idea tracked. Latest voices: Ursula.