Asia and Middle East sovereign wealth funds drive AUM growth — Preqin reports
Preqin’s Sovereign Wealth Funds Report 2023 key facts:
- Preqin’s Sovereign Wealth Funds Report 2023 key facts:
Assets under Management (AUM): In the last decade, global sovereign wealth funds have doubled their AUM total to $10.4tn by the end of Q1 2023. - Asia: Asia’s sovereign wealth funds led the increase in AUM, standing at $4.3tn by the end of Q1 2023.
- Middle East: The Middle East is home to some of the largest sovereign wealth funds which hold the second most in AUM of all regions globally, behind Asia.
- Sovereign wealth funds with an ESG policy represent 59% of total sovereign wealth fund AUM, up 5 percentage points from 54% in 2021.