None
EN
Asia draws $100 billion in capital as investors diversify beyond US, Goldman executive says
['Thomson Reuters']
Sioux Falls | KELO-FM | kelofm.com
By Yantoultra Ngui and Jun Yuan YongSINGAPORE (Reuters) -Asia excluding China has attracted about $100 billion in capital inflows over the past nine months as global investors diversify beyond the U.S., said Kevin Sneader, Goldman Sachs’ president for Asia-Pacific ex-Japan, on Wednesday.
“There is incremental flow in this part of the world,” Sneader said at the Milken Institute Asia Summit 2025 in Singapore.
The mutual funds, longer investors, that money’s still not flowing back into China.
The Americas made up 24% of its portfolio during the financial year, versus 22% a year earlier.
(Reporting by Yantoultra Ngui, Jun Yuan Yong; Editing by Thomas Derpinghaus)