Sovereign Wealth Funds have crossed the $5 trillion milestone with total assets estimated at $5.38 trillion as of October 2013. Preqin, in its ‘The 2014 Preqin Sovereign Wealth Fund Review,’ highlights that the growth of SWF’s assets can be attributed to the large number of new sovereign wealth funds that have been formed over the past couple of years, besides the growing assets of pre-existing sovereign wealth funds. Largest Jump In Total Assets Preqin started reviewing SWFs since 2008. Since 2012, the SWF’s have gained over $750 billion in additional assets. This marks the largest jump in total assets of…
Sovereign Wealth Funds Cross $5 Trillion in Assets
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports