Invesco Global Sovereign Asset Management Study and Sovereign Wealth Funds

sovereign wealth funds: So far, only 30 percent of the monetary authorities and 10 percent of the sovereign funds have quotas to invest in the onshore market, according to the survey results released Monday, according to Bloomberg. Invesco interviewed 59 investors that oversee $7.09 trillion of assets, including central banks, sovereign wealth funds and pension funds. Some 43 percent of central banks and 35 percent of state investors surveyed in the Invesco Global Sovereign Asset Management Study 2015 said they are looking to invest in yuan assets. Of the entities surveyed, 15 had more than $100 billion of assets under management, according to the study, which didn’t name the investors. While there strong demand for getting access, obtaining the quotas is outside of their control, she said in a June 3 interview. Higher interest rates and diversification needs are driving demand for yuan assets among state investors, said Lindsay Wright, Invesco Hong Kong-based head of institutional sales, alternatives and investment solutions for Asia Pacific. (news.financializer.com). As reported in the news.