Sovereign investors favour US, India as top 2022 investment markets - Study | The Business Standard
Skip to main content
  • Home
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Food
    • Habitat
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wheels
  • Epaper
    • GOVT. Ad
  • More
    • Subscribe
    • Videos
    • TBS Graduates
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Long Read
    • Interviews
    • Offbeat
    • Tech
    • Magazine
  • বাংলা
The Business Standard

Tuesday
December 05, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Food
    • Habitat
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wheels
  • Epaper
    • GOVT. Ad
  • More
    • Subscribe
    • Videos
    • TBS Graduates
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Long Read
    • Interviews
    • Offbeat
    • Tech
    • Magazine
  • বাংলা
TUESDAY, DECEMBER 05, 2023
Sovereign investors favour US, India as top 2022 investment markets - Study

Global Economy

Reuters
21 November, 2022, 09:10 am
Last modified: 21 November, 2022, 09:14 am

Related News

  • US charges ex-ambassador with spying for Cuba over decades
  • India pushes to maintain military presence in the Maldives
  • Two IAF pilots killed in first Pilatus trainer aircraft crash in Hyderabad
  • UAE signs deal with Bill Gates' nuclear company on advanced reactors
  • China's military: US Navy ship 'illegally' entered territorial waters

Sovereign investors favour US, India as top 2022 investment markets - Study

Reuters
21 November, 2022, 09:10 am
Last modified: 21 November, 2022, 09:14 am
Sovereign investors favour US, India as top 2022 investment markets - Study

India has emerged as the second most coveted investment market after the United States for sovereign wealth funds and public pensions funds in 2022, according to a study by asset manager Invesco published on Monday.

Sovereign investors, which now manage some $33 trillion in assets, have also seen a rapid rise in allocations to private markets, though this development might start to slow with fixed income back in favour, the Invesco Global Sovereign Asset Management Study said.

"Over the last 10 years sovereign investors have invested with the wind at their backs thanks to the secular bull market that emerged from the global financial crisis," said Rod Ringrow, Invesco's head of official institutions.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Average annual returns for sovereign investors over the past decade stood at 6.5% and, for sovereign wealth funds alone, at 10% in 2021, Invesco found. However, 2022 could prove to be a turning point with higher inflation and tighter monetary policy hitting long-term expected returns.

While the United States remained the top destination, some sovereign investors were keen to rebalance portfolios, fearing they had become overly reliant on US markets which left them vulnerable to the correction in equity markets seen this year, Invesco said. Back in 2014, the UK was the most desirable destination.

Emerging markets were set to benefit from the latest shift, the study predicted.

Among developing nations, India has overtaken China as the most popular emerging market, having climbed to No. 2 in 2022 from No. 9 in 2014.

"While this is partly because funds with dedicated Asian allocations are trimming their China exposure, investors have commended India's positive economic reforms and strong demographic profile," the study found.

China currently ranks in sixth place.

The past decade had also seen a steady increase in the creation of sovereign wealth funds with a dozen established in Africa, of which 11 have a strategic mandate to develop local economies, Invesco found.

Top News / World+Biz

investment destination / India / USA / investment

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Record 27% nominations scrapped with  more bigshots rejected
    Record 27% nominations scrapped with  more bigshots rejected
  • Bolivian President Hugo Banzer shakes hands with Victor Manuel Rocha, the then U.S. Ambassador to Bolivia, during a ceremony in the Goverment Palace in La Paz, August 3, 2000. File photo DM/JP/HB, Routers
    US charges ex-ambassador with spying for Cuba over decades
  • A brain drain query: Why do they leave?
    A brain drain query: Why do they leave?

MOST VIEWED

  • LPG cylinders. Photo: Courtesy
    12kg LPG cylinder price up Tk23
  • For the first time, Bangladesh seeks foreign loans to support Rohingyas
    For the first time, Bangladesh seeks foreign loans to support Rohingyas
  • Photo: Collected
    Indonesia volcano erupts, spews ash 3 km into sky
  • External trade through Islamic banks in decline
    External trade through Islamic banks in decline
  • Halal products export receives boost with new policy, but more is required
    Halal products export receives boost with new policy, but more is required
  • Exports up 27% in Nov as peak festival sales begin in West
    Exports up 27% in Nov as peak festival sales begin in West

Related News

  • US charges ex-ambassador with spying for Cuba over decades
  • India pushes to maintain military presence in the Maldives
  • Two IAF pilots killed in first Pilatus trainer aircraft crash in Hyderabad
  • UAE signs deal with Bill Gates' nuclear company on advanced reactors
  • China's military: US Navy ship 'illegally' entered territorial waters

Features

A brain drain query: Why do they leave?

A brain drain query: Why do they leave?

35m | Panorama
The school has been flooding since June 2007 and the water level is rising every year. PHOTO: COURTESY

Will Dubai pay heed to the suffering of Sultan Al Nahyan School students in Bangladesh?

40m | Panorama
Masud Ahmad has written one of the finest Bangla novels in recent times, titled ‘Kanchanfuler Kobi,’ centred around the life and works of eminent poet Jibanananda Das. Photo: Rajib Dhar

How little-known Masud Ahmad became the 'Shera Bangali'

1d | Panorama
Designed for utility, the D90 is a giant in comparison to other MG models and misses out on design elements which gives the other models their sporty stance. Photo: Akif Hamid

Maxus D90: Spacious, capable and practical

1d | Wheels

More Videos from TBS

Despite the incentives, remittances are not speeding up

Despite the incentives, remittances are not speeding up

12h | TBS Economy
Terrible Torture in Israeli Prisons: Testimony of Prisoners

Terrible Torture in Israeli Prisons: Testimony of Prisoners

10h | TBS World
Lighterage ship trips halved

Lighterage ship trips halved

12h | TBS Economy
3 commercial ships hit by missiles in Houthi attack in Red Sea

3 commercial ships hit by missiles in Houthi attack in Red Sea

13h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net