![Chairman of the Future Investment Initiative (FII) Yasir al-Rumayyan speaks during the fourth edition of the FII conference at the capital Riyadh's Ritz-Carlton hotel on January 27, 2021. Saudi Arabia opened a two-day Davos-style investment forum, with dozens of global policy makers and business tycoons lined up to speak at the largely virtual event amid the coronavirus pandemic. Only 200 of around 8,000 registered delegates attended in-person, while around 100 speakers are set to participate virtually with 50 present physically. Previous summits drew thousands of Wall Street titans and global policymakers. / AFP / FAYEZ NURELDINE](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/OFU33LWDPIYZBRSPSE737ZB7Y4.jpg?smart=true&auth=df516bf7c748fb2ff72c2a2f02b38c9528488794bbcd21efe5255406acd7efeb&width=400&height=225)
Chairman of the Future Investment Initiative Yasir Al Rumayyan said there was a "disconnect between the financial markets and real economies”. AFP
Chairman of the Future Investment Initiative Yasir Al Rumayyan said there was a "disconnect between the financial markets and real economies”. AFP
Global equities not likely to outshine 2020 performance this year as valuations soar
Long-term investors, however, could benefit as broader economy recovers and some sectors that did not perform well in 2020 bounce back