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Global economic recovery drives record public asset growth

OMFIF report shows that assets have grown by US$2.5t in 2017; 7.3% increase is largest ever

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PENSION fund, central bank and sovereign fund assets grew by US$2.5 trillion on the back of a strengthening global economy in 2017, according to an annual publication released on Wednesday by the Official Monetary and Financial Institutions Forum (OMFIF).

Singapore

PENSION fund, central bank and sovereign fund assets grew by US$2.5 trillion on the back of a strengthening global economy in 2017, according to an annual publication released on Wednesday by the Official Monetary and Financial Institutions Forum (OMFIF).

The 7.3 per cent...

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