Global Sovereign Wealth Funds Reach Record $15 Trillion in Assets

According to PANews, a new report from Global SWF reveals that global sovereign wealth funds have reached a historic high of $15 trillion in assets under management this year. This increase is largely attributed to gains from widespread market rallies and continued investments in the technology sector. By 2025, sovereign investors are expected to have invested a total of $66 billion in AI and digitalization. In this trend, Middle Eastern wealth funds have been particularly active, emerging as leaders in digital transformation. Abu Dhabi's Mubadala Investment Co. plans to invest $12.9 billion in AI and digitalization by 2025. Meanwhile, the Kuwait Investment Authority and the Qatar Investment Authority are set to invest $6 billion and $4 billion, respectively.