Institutional Research: H2 2025 Global Sector Allocation Strategy, Overweight Tech and Healthcare

Top Investment Banks Release H2 Strategies

Entering the second half of 2025, Goldman Sachs, Morgan Stanley, UBS, JPMorgan and other top investment banks have released sector allocation strategy reports. Despite differences in specific details, core directions show high consistency.

Tech Sector: Consensus Overweight

All major banks give tech an overweight rating. AI models, cloud computing, semiconductors and enterprise software are broadly favored.