Invesco Global Sovereign Asset Management Study 2021
With Covid-19 top of mind, impacting both operations and investment strategies, the impact of the ongoing pandemic is the major theme running throughout our sovereign study. This includes an examination of adjustments made in response to the crisis and the impact on long-term trends, including rising allocations to illiquid private markets and interest in China.
Our study covers 141 institutions from all over the world, and paints the clearest picture yet of the global state of the market, and what the future of sovereign wealth could look like.
We spoke face to face (video) with chief investment officers, portfolio strategists and heads of asset classes at 82 Sovereign funds and 59 central banks, representing USD19 trillion.* The study unearthed some unexpected perspectives and findings that should spark debate on the best ways forward for our industry.
Explore five key themes:
- Liquidity in focus as Covid-19 leads sovereigns to face drawdowns and double cash reserves
- Pandemic catalyses ESG adoption while impact investments grow in importance
- Sovereigns return to China as Covid-19 threat abates, though geopolitical risks remain
- Real estate still on solid ground, with climate change risk the primary concern
- Central banks refocus on risk with larger, more diversified and more liquid reserves
Inform your thinking
This is a one-of-a-kind study thanks to the breadth of sovereigns we talked to and the depth of data collected. Visit our Invesco Global Sovereign Asset Management Study microsite today and hear from the people shaping our industry’s future. The microsite also features related insights and previous years’ studies.
Footnotes
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* Invesco Global Sovereign Asset Management Study as at 31 March 2021.
[Visit the microsite]
Investment risks
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The value of investments and any income will fluctuate (this may partly be the result of exchange rate fluctuations) and investors may not get back the full amount invested.
Important information
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This document is intended only for Professional Clients and Financial Advisers in Continental Europe (as defined below); for Qualified Investors in Switzerland; for Professional Clients in Dubai, Jersey, Guernsey, Isle of Man, Ireland and the UK, for Institutional Investors in the United States and Australia, for Institutional Investors and/or Accredited Investors in Singapore, for Professional Investors only in Hong Kong, for Qualified Institutional Investors, pension funds and distributing companies in Japan; for Wholesale Investors (as defined in the Financial Markets Conduct Act) in New Zealand, for accredited investors as defined under National Instrument 45–106 in Canada, for certain specific Qualified Institutions/Sophisticated Investors only in Taiwan and for one-on-one
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Issuing infomation
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This document is for information purposes only and is not an offering.
It is not intended for and should not be distributed to, or relied upon by members of the public. Circulation, disclosure, or dissemination of all or any part of this material to any unauthorised persons is prohibited.
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All data provided by Invesco as at 31 March 2021 unless otherwise stated.
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