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Preqin’s London headquarters

LONDON–Assets under management for the world’s sovereign wealth funds have surged this year, according to Preqin, rising 13% over the last 12 months to reach $7.45 trillion as of March 2018.

Seventy-one percent of SWFs saw their assets increase in the last year when funds added $866 billion in AUM, Preqin said, although it also noted that almost one in five, or 19%, saw a decrease. During this period Norway’s Government Pension Fund Global broke the $1 trillion barrier to a record $1.06 trillion in assets as of March. In this same stretch, Russia’s Reserve Fund ceased operations with its capital used to cover budget shortfalls.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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