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U.S. continues to attract majority of global investment flows, finance executives say
Global fund managers say the U.
At the Future Investment Initiative in Riyadh, major finance firm CEOs stated that the U.S. will keep drawing the largest share of global capital despite concerns over economic slowdown and debt levels. BlackRock’s CEO pointed to a recent uptick in funds returning to U.S. dollar-based assets. Meanwhile Goldman Sachs noted that the “vast majority of capital allocation” will remain in the U.S., citing stronger growth prospects compared to Europe or Asia. Risk of a market correction was flagged given high valuations.