PANews reported on January 1st that, according to a new report from Global SWF, global sovereign wealth funds' assets under management (AUM) have climbed to a record high of $15 trillion this year. This growth is mainly attributed to the returns of major funds during the broad market rally and their continued investment in the technology sector. Sovereign investors have already invested a total of $66 billion in AI and digitalization by 2025. In this wave, Middle Eastern wealth funds have been particularly active, becoming leaders in digital transformation: Abu Dhabi's Mubadala Investment Co. will invest $12.9 billion in AI and digitalization by 2025, followed by the Kuwait Investment Authority and the Qatar Investment Authority with $6 billion and $4 billion respectively.
Institutions: Global sovereign wealth fund assets hit record highs, with increased investment in the technology sector.
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Author: PA一线
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