|
|
Komfie Manalo, Opalesque Asia: A majority of the majority of sovereign wealth funds (51%) saw their assets increase in the year to March 2017, but the total assets under management (AUM) held by SWF globally has leveled in the past two years, with growth of just 3% and 1% in 2015 and 2016 respectively.
The 2017 Preqin Sovereign Wealth Fund Review finds that total AUM among these investors rose from $6.51tn in March 2016 to $6.59tn a year later. This pace of growth is in sharp contrast to previous years: sovereign wealth fund assets grew by 17% between December 2011 and December 2012, and by a further 16% the following year.
Selina Sy, Editor - 2017 Preqin Sovereign Wealth Fund Review, commented, "Sovereign wealth funds count among their number some of the largest single investors in public or private equities, and as such their importance as a class of investor remains large. However, the past 24 months have seen very little growth in their assets, which now stand at $6.6tn. This is evidence of the wide range of factors that are affecting various funds globally at present - macroeconomic headwinds, low oil prices, and shifts in domestic and economic policy from their governments have all contributed to this tapering off."
The report also finds a wide variance in the size, scope and purpose of sovereign wealth funds investing today. The top 10 largest funds in the world collectively hold $5.2tn in assets - 79% of the entire investor class - and their holdings a...................... To view our full article Click here
|
|
RSS
