Fink: US Is Place to Be Overweight for Next 18 Months

BlackRock Inc. Chief Executive Officer Larry Fink says US has remained the primary destination for investments despite some outflows from “overweighted US assets” earlier in the year. Speaking during a panel discussion at the Future Investment Initiative in Saudi Arabia, Fink says most global investors think the US is “going to be the place to have your overweighting for at least the next 18 months.”