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$1.5 Trillion in Corporate Cash Is Coming to America

  • Asset managers angling for clients with overseas cash troves
  • Risks abound: Cisco pulled 5 billion euros from Deutsche Bank
Fund Managers Flip-Flop Into Bullish Dollar Bets After Bear Run

Photographer: Scott Eells/Bloomberg

The biggest U.S. asset managers are going head-to-head to win a piece of a $1.5 trillion corporate cash comeback.

That’s the sum companies are expected to bring onshore under the U.S. tax overhaul passed last year, according to Invesco estimates. About $400 billion has already been repatriated, according to the firm.