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Laxman Pai, Opalesque Asia: The United States and India have emerged as the second most coveted investment market for sovereign wealth funds and public pensions funds in 2022, said a study.
According to a study by asset manager Invesco, sovereign investors, which now manage some $33 trillion in assets, which now manage some $33 trillion in assets, have also seen a rapid rise in allocations to private markets, though this development might start to slow with fixed income back in favor.
The Invesco Global Sovereign Asset Management Study revealed that the UK has fallen from sovereign investors' favorite market to the fourth favorite, and fallen behind the US, India, and Germany respectively.
Invesco's study, which is based on data collected over the past ten years, charts sovereigns' rise to highly influential public institutions who are assuming a leadership role commensurate with their scale and importance as global investors.
While the US has been a major destination for investment over the past decade, recent interviews have revealed an increased desire for more balanced global exposure. Some sovereign investors believe they have become overly reliant on returns from the US market, which has left them vulnerable to the 2022 correction in equity markets.
India has overtaken China as the most popular emerging market, having climbed from the ninth most favored market overall in 2014 to second in 2022. While this is partly because funds with dedica...................... To view our full article Click here
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