BLK · News · 20260908N

Gulf Capital Flows Outlook

BlackRock, Inc. · 2026-09-08 · Importance 17 · Surprise 24

BlackRock’s top strategist said a projected $2.1 trillion Gulf spending boom could materially reshape global capital flows. Gulf sovereign wealth funds are reportedly redirecting capital away from global markets, with potential effects on Treasuries and equities. The strategist also highlighted implications for AI infrastructure investment, although no specific timeframe beyond the projected spending boom was provided.

Key facts

• BlackRock Inc. was listed among other institutional investors that 'also significantly increased their holdings' in International Business Machines Corporation in the item reporting Connor Clark & Lunn Investment Management Ltd. acquired 573,368 shares valued at approximately $161.24 million, making them owners of 0.06% of IBM. source