Singapore
CONTINUED market volatility and low oil prices have done nothing to dent the confidence of Asian sovereign wealth funds, said Invesco in its fourth annual Global Sovereign Asset Management Study released on Monday.
In fact, its Sovereign Confidence Index showed that overall confidence among Asian sovereign investors increased from 7.5 in 2014 and 2015, to 7.9 in 2016. This is despite average annual portfolio returns having fallen, amid a challenging macroeconomic environment. For Asian sovereigns,...