Sovereign and public pension fund assets reach record high of $31.9tn in 2021
Assets managed by the world’s sovereign wealth funds and public pension funds reached a record high of $31.9 trillion in 2021, boosted by a rally in the US stock market and rising oil prices, according to a report by industry tracker Global SWF.
Assets held by sovereign wealth funds rose 6 per cent to $10.5tn during the year, while those managed by public pension funds climbed 8.7 per cent to $21.4tn, the annual report on state-owned investors showed.
These state-owned investors invested more capital than in any of the previous six years – both in terms of the value and volume of deals – collectively spending $219 billion on 854 deals.
Sovereign funds deployed $106.1bn on 500 transactions, up 19 per cent annually, while investments by pension funds rose to $112.9bn in 354 deals.
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