| The majority of sovereign wealth funds globally have increased their assets under management over the course of 2014. The growth in assets, up from USD5.38tn in October 2013 to USD6.31tn in March 2015, has been driven by continued funding from governments and reserves, as well as from investment returns. This growth has also been in the headwind of falling oil prices, one of the main sources of funding for these institutions.
Alternative assets are also becoming an important part of these institutions’ portfolios, particularly as they seek to diversify their portfolios and acquire assets that can generate yield and help meet their long-term objectives. Seventy percent of sovereign wealth funds invest in at least one alternative asset class, with 60% of these institutions investing in real estate and infrastructure...............................................Full Article: Source |