Investing
Apollo’s Rowan Says the Best Investors Aren’t in the US Anymore
- Institutional investors in US beholden to benchmarks, he said
- CEO also said ‘great things’ are happening in family offices
This article is for subscribers only.
Apollo Global Management Inc. Chief Executive Officer Marc Rowan said the best investors operate in places such as Singapore and the United Arab Emirates, contending US institutions have become too focused on benchmarks.
At the start of his career, Rowan “thought the single best investors in the world were in the US,” he said in an interview Tuesday with David Rubenstein at the Economic Club of Washington, D.C. “That’s no longer the case.”