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

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.