Invesco Global Sovereign Asset Management Study 2013-2022

Invesco Global Sovereign Asset Management Study 2013-2022

"We are delighted to welcome to you to a special tenth anniversary edition of our Global Sovereign Asset Management Study. Over the past ten years this study has documented the evolution of one of the largest and fastest growing segments of institutional asset owners."

For this special anniversary edition of our sovereign study, we have brought together key data from the past ten years and combined it with a series of in-depth interviews with prominent sovereign investors to understand how the segment has evolved over this period and what the next decade might look like. 

As this report will re-emphasise, sovereign wealth funds and central banks aren’t a homogenous group. Each has its own heritage and invests to a different investment – and often societal – objective giving rise to different priorities, investment horizons and asset allocations. Yet despite this, several common themes emerged, including:

  • The long-term macroeconomic outlook and impact on returns and asset allocations
  • The influence of a more challenging geopolitical environment and shifting demographics
  • The impact of growing scale and public awareness
  • The role of sovereign investors in driving the energy transition

Within this report we explore how sovereign investors are considering these issues at a high level and then drill down to understand the additional implications for each type of sovereign organisation.

Investment risks

  • 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

  • Where individuals or the business have expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice.