Sovereign wealth funds suffer negative returns for first time in a decade

According to the Invesco Global Sovereign Asset Management Study, this is the first time since the survey began in 2013 that sovereign funds suffered negative returns. Taking into consideration the current economic backdrop, the vast majority of respondents (86%) - which includes CIOs, heads of asset classes and senior portfolio strategists - said inflation will be higher in the current decade than it has been in the past. Three quarters of sovereign wealth funds embrace ESG policies As a result, fixed income was highlighted as the asset class sovereign wealth funds are most likely...