Sovereign wealth funds (SWFs) have raised their exposure to alternative investments, including private equity, real estate, gold and infrastructure, from 19% of total AUM in 2010 to 23% by 2016, according to research by PwC.
In a report, entitled The rising attractiveness of alternative asset classes for sovereign wealth funds, PwC noted the majority of SWFs had previously followed a strategy focusing largely on fixed income,...
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