Global sovereign wealth funds double AUM in the last decade
SINGAPORE, June 15, 2023 /PRNewswire/ -- Preqin, the global leader empowering the alternatives community with essential data and insight, published its Sovereign Wealth Funds 2023 report. The report provides data and analysis on key trends in the sovereign wealth funds landscape, as these investors look towards making enhanced allocations to alternative assets, as well as narrowing the gap between actual and target allocations.
The report demonstrates that alternative assets continue to be important to the portfolios of sovereign wealth funds if they provide diversification benefits and good risk-adjusted returns. With their abundant financial resources and increasingly sophisticated investment teams, sovereign wealth funds have the kind of capital that can give them access to top-performing funds.
Key facts:
Harsha Narayan, Managing Editor and lead author of the report says: "Sovereign wealth funds have continued to build sophisticated in-house teams and are increasingly able to act more like a fund manager when deploying capital. They leverage talent, technology, and partnerships, with fund managers and investors to invest in various alternative asset classes, and they are growing more competent to conduct direct or co-investment deals."
Media Enquiries:
Carmen Wong
carmen.wong@preqin.com