Central banks lead fall in global public investors' assets in 2015

Temasek was the global public investor with the fifth largest gain in assets last year

Published Tue, Jun 28, 2016 · 09:50 PM

Singapore

WEAK oil, gold and commodity prices, low growth and divergence in monetary policies led to a fall in central banks' assets in 2015, even as sovereign funds posted their slowest assets growth in more than a decade, says an annual publication of the Official Monetary and Financial Institutions Forum (OMFIF).

The 500 central banks, sovereign wealth funds and public sector pension funds ranked in the 2016 edition of Global Public Investor managed assets totalling US$28.99 trillion at the end of last year, US$854.7 billion down from the end of 2014.

This drop was mainly due to an acceleration in central bank reserve selloffs in 2015. After central bank reserves dipped for th…