Global state-owned investors' AUM hits US$30t; GIC and Temasek lead growth
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A RALLY in global stocks and bond prices have driven the assets under management (AUM) of state-owned investors (SOIs) to an all-time high of US$30 trillion, says Global SWF, a data platform that tracks sovereign wealth funds and public pension funds.
The AUM of sovereign wealth funds rose to US$10 trillion so far this year, from US$9.1 trillion in 2020; public pension funds' AUM edged up to US$20 trillion, from US$19.8 trillion last year.
Singapore GIC and Temasek Holdings led the growth in sovereign wealth funds, with estimated gains at 37.5 per cent and 24.5 per cent, respectively.
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