2026 Mid-Year Global Outlook Product Guide

This document is a product guide for the 2026 Mid-Year Global Outlook, specifically tailored for EMEA institutional, professional, wholesale, accredited, and qualified investors. It outlines the current economic landscape characterized by scarcity, as identified by the BlackRock Investment Institute. The document discusses the implications of supply-side constraints on growth, inflation, and market pricing, while also mentioning the potential for artificial intelligence to drive innovation and growth. It details three key investment themes for 2026, including AI scarcity, durable income, and the importance of diversification beyond traditional asset classes. The guide emphasizes the need for dynamic, actively managed strategies and highlights specific investment implications for each theme, encouraging investors to consider various strategies and exposures to optimize their portfolios. Additionally, it includes risk warnings and regulatory information pertinent to the distribution of the material.