This came at a time when the outbreak of war in Ukraine To soar commodity prices and push inflation, which was already rising to its highest level in 40 years.
To deal with these developments, the US Federal Reserve and other major central banks raised interest rates, which led to a massive sell-off in global markets.
Lopez said: "These are book losses and the role of some funds as long-term investors will not be affected by them, but they make it clear to us exactly the moment we stand at.".
Despite all the turmoil, the money spent by the funds to acquire companies, real estate or infrastructure jumped 12 percent compared to 2021.
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The “Global SWF” platform report on state-owned investment tools included that the value of assets managed by sovereign wealth funds fell to $10.6 trillion, compared to $11.5 trillion, while the value of assets of public pension funds decreased to $20.8 trillion, compared to $22.1 trillion. .
Diego Lopez of Global SWF said the main driver was “simultaneous and large” corrections of 10 percent and more in the major bond and equity markets, a combination not seen in 50 years.
This came at a time when the outbreak of war in Ukraine To soar commodity prices and push inflation, which was already rising to its highest level in 40 years.
To deal with these developments, the US Federal Reserve and other major central banks raised interest rates, which led to a massive sell-off in global markets.
“These are book losses and the role of some funds as long-term investors will not be affected by them, but they make it clear to us exactly where we stand,” Lopez said.
Despite all the turmoil, the money spent by the funds to acquire companies, real estate or infrastructure jumped 12 percent compared to 2021.
