Opalesque Industry Update - New research in the 2014 Preqin
Sovereign Wealth Fund
Review reveals that sovereign funds globally have
added over $750bn to their total assets under management
over the last year, from $4.62tn in 2012 to $5.38tn
in 2013. This growth, which is the largest annual increase in total sovereign wealth fund assets since Preqin
began tracking this information, can be accounted for by both the number of new
sovereign wealth funds
formed over the last few years, as well as capital injected into existing sovereign wealth funds. Interestingly, Asia-based sovereign wealth funds have shown some of the largest growth in assets under management, with the assets of these sovereign wealth funds growing, on average, by 19% since 2012. This is in comparison to the average 6% growth in assets under management exhibited by Middle Eastern sovereign wealth funds. In fact, Asia-based sovereign wealth funds account for a significant 47% of global aggregate sovereign wealth fund assets, despite only representing 22% of sovereign wealth funds globally by number. Other Key Facts:
Press release bc |
Industry Updates
Preqin research shows Sovereign Wealth fund assets surpass $5tln
Thursday, October 10, 2013
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