# @blackrock on YouTube

- **Type:** Video
- **Original URL:** https://youtube.com/watch?v=66_VcMS_6JM
- **Gondola URL:** https://gondola.cc/posts/64683051-blackrock-youtube
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/a56ea67e3b.jpg
- **Posted:** 2026-04-24T12:12:25.000+00:00
- **Account Owner:** BlackRock (@BlackRock) — https://gondola.cc/BlackRock

## Caption

Portfolio construction is being redefined as investors face a fundamentally different market regime. Higher inflation, shifting interest rate dynamics, and accelerating megaforces like AI and geopolitics are challenging long-held assumptions about diversification and asset allocation across capital markets.

In this episode of The Bid, host Oscar Pulido sits down with Vivek Paul, Head of Portfolio Research and UK Chief Investment Strategist at the BlackRock Investment Institute. Together, they explore why traditional portfolio construction frameworks may no longer be sufficient and how investors are adapting to a world of greater uncertainty, dispersion, and structural change. Vivek explains how megaforces such as AI investing and geopolitical fragmentation are creating unprecedented outcomes across markets, making static asset allocation less effective. He outlines why portfolio construction must become more dynamic and granular, with a deeper focus on underlying risk exposures rather than broad asset class buckets. The conversation also examines the growing importance of private markets, active strategies, and scenario analysis in navigating today’s environment.

Key themes include:
• How portfolio construction is changing in a new market regime 
• Why megaforces like AI investing are reshaping capital markets 
• The shift from static asset allocation to dynamic strategies 
• The role of private markets and active management 
• How scenario analysis is transforming long-term investing

Timestamps
00:00 Introduction
02:00 What’s driving the shift in portfolio construction
04:00 Megaforces: AI and geopolitics
06:00 Rethinking traditional asset allocation
08:00 The importance of granularity in portfolios
10:00 Diversification in a new regime
12:10 Private markets and active strategies
14:30 The total portfolio approach explained
16:10 Scenario analysis and future outcomes
18:00 Risks and maintaining structure
19:00 Key takeaways

#portfoliodiversification #portfoliomanagement #portfolioprotection 

Sources: Rethinking portfolio construction during transformation, BII February 2026

This content is for informational purposes only and is not an offer or a solicitation. Reliance upon information in this material is at the sole discretion of the listener. Reference to any company or investment strategy mentioned is for illustrative purposes only and not investment advice.  For full disclosures, visit blackrock.com/corporate/compliance/bid-disclosures.

## Stats

- **Views:** 540
- **Likes:** 0
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## Tags

portfoliodiversification, portfoliomanagement, portfolioprotection

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