India has emerged as the second most coveted investment market after the United States for sovereign wealth funds and public pensions funds in 2022, according to a study by asset manager Invesco published on Monday.
Sovereign investors, which now manage some $33 trillion in assets, have also seen a rapid rise in allocations to private markets, though this development might start to slow with fixed income back in favour, the Invesco Global Sovereign Asset Management Study said.
"Over the last 10 years sovereign investors have invested with the wind at their backs thanks to the secular bull market that emerged from the global financial crisis," said Rod Ringrow, Invesco's head of official institutions. Average annual returns for sovereign investors over the past decade stood at 6.5% and, for sovereign wealth funds alone, at 10% in 2021, Invesco found. However, 2022 could prove to be a turning point with higher inflation and tighter monetary policy hitting long-term expected returns.
While the United States remained the top destination, some sovereign investors were keen to rebalance portfolios, fearing they had become overly reliant on U.S. markets which left them vulnerable to the correction in equity markets seen this year, Invesco said. Back in 2014, the UK was the most desirable destination.Among developing nations, India has overtaken China as the most popular emerging market, having climbed to No. 2 in 2022 from No. 9 in 2014.
"While this is partly because funds with dedicated Asian allocations are trimming their China exposure, investors have commended India's positive economic reforms and strong demographic profile," the study found.The past decade had also seen a steady increase in the creation of sovereign wealth funds with a dozen established in Africa, of which 11 have a strategic mandate to develop local economies, Invesco found.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Top Fall 2022 / Winter 2023 Fashion Must-Haves 2022 / 2023 » Fashion AllureTop Fall 2022 / Winter 2023 Fashion Must-Haves bbloggers fbloggers fashionblogger fashionaddict fashiondiaries fashionista styleinspo fashionblog inspo
Lire la suite »
2022 FIFA World Cup Scores, Schedule, & Fixtures | Nov 20, 2022 - USA TODAYGet the latest scores, schedule, and fixtures for Group Stage matches played on November 20, 2022. Follow your country all the way through the 2022 FIFA World Cup from USA TODAY.
Lire la suite »
List of mass shootings in the United States in 2022The mass shooting at a Colorado Springs gay nightclub is one of just over 600 mass shootings to date in 2022 in the United States, according to the Gun Violence Archive, a nonprofit data collection organization that tallies gun violence incidents.
Lire la suite »
ACE Awards 2022: 72Sold's Greg Hague takes innovation to the next level - Phoenix Business JournalGreg Hague's unique home sales formula has paid off. His Valley brokerage has seen massive growth during the pandemic and skyrocketed this year through a partnership with a national brokerage. Hague won the 2022 ACE Awards honor as Innovator of the Year.
Lire la suite »
25 Best Early Nordstrom Black Friday Sales to Shop Ahead of Cyber Week 2022Nordstrom is your one-stop holiday shop for the best Black Friday sales.
Lire la suite »
Salvation Army in Montgomery Launches 2022 Red Kettle Campaign - Alabama NewsThe Salvation Army in Montgomery has launched its 2022 Red Kettle Campaign with a kickoff event outside the Sam's Club on Friday afternoon. alnews montgomeryal mymgm ourmgm alabamanewsnetwork
Lire la suite »