You are here

Global public investors AUM hit US$39.5 trillion in 2019: OMFIF report

40% of portfolios in riskier and more illiquid assets; many are now diversifying into safe assets amid Covid-19

rk_GIC_300720.jpg
Asset growth for sovereign funds in the Asia-Pacific weakened to just 1.7 per cent. Singapore’s GIC had the biggest increase, with AUM jumping by 11 per cent.

Singapore

THE world’s largest global public investors (GPIs), which include public pension funds, central banks and sovereign funds, entered 2020 with the highest level of assets and more than 40 per cent of their portfolio in riskier and more illiquid assets accumulated in recent years....

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes