Frankfurt Larry Fink, head of the world’s largest asset manager Blackrock, addressed the consequences of de-globalization in his letter to investors back in March.
Whether it’s the food sector, the energy sector or artificial intelligence companies, all want to avoid their supply chains being dependent on geopolitical disruptions, he wrote at the time.
They want to have important advance services closer to their home markets, even if that means higher prices. According to Fink, the upheavals after the Ukraine war created a less integrated, more fragmented global economy. It is important for investors to recognize the risks – but also the new opportunities.
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