Global investors are increasingly channeling capital into North American assets, with 60.8% of the $128 trillion managed by the world's largest asset managers concentrated in the region as of December 2023. The U.S. dominates this trend, holding 55.5% of global assets under management, reflecting a steady rise over the past decade. While equities and fixed income remain the primary asset classes, alternatives are gaining traction, and passive investment strategies now account for over a third of total AUM, highlighting a significant shift in investment approaches.