The main findings of this updated report are:
From the turn of the millennium, the SWF sector has experienced rapid growth in assets under management, but that has come to an end. The slowing of organic asset accumulation and the proliferation of new SWFs carries significantimplications for asset allocation. We are publishing this update to our 2015 article2 to discuss the changes in the sector over the past two years and presentseveral new angles from which the sector can be viewed.
1Alternatives” is the term used to encompass all asset classes that are not publicly traded, notably referring to private equity, real estate, hedge funds, infrastructure and private debt.
2Elliot Hentov, “How Do Sovereign Wealth Funds Invest? A Glance at SWF Asset Allocation,” State Street Global Advisors, 2015