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BlackRock's Larry Fink says US still top destination for global investors to park money

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9 hours ago

BlackRock CEO Larry Fink said that the U.S. remains the primary destination for investors to put their assets and will continue to be for at least the next year and a half amid economic trends.Fink was part of a panel moderated by Bloomberg Television at the Future Investment Initiative in Saudi Arabia and noted that earlier this year there was "modest transformation and movement out of the dollar" as investors moved assets to Europe and other regions.However, he noted that movement came from a "huge overweight in dollar-based assets" and that the trend appears to be reversing with investors m...

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9 hours ago
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