New research from BNY Mellon and the Official Monetary and Financial Institutions Forum (OMFIF) charts the rising influence in the real assets market.
BNY Mellon and OMFIF have previously issued joint reports on the changing role of Global Public Investors (GPIs) after the 2008 financial crisis, exploring their influence on global collateral and liquidity. This latest report examines how GPIs are integrating real assets into their portfolios at an important inflection point for the market.
“Central bank policies, demographic shifts and the outperformance of real assets have created a surge of interest and investment from public investors.”Alan Flanagan, Managing Director, Global Head of Private Markets
Between January and March 2018, OMFIF surveyed and interviewed sovereign funds and public pension funds with almost $4.6tn in assets under management to gauge their response to changing market conditions and their approach to investing in real assets. These institutions represent more than 20% of the $21.5tn held by the 585 largest sovereign and public pension funds globally. Further analysis on the portfolios of a wider group of institutions with more than $9tn in AUM provided additional information on the change in allocation decisions over the past decade.
Read the report to find out:
Through surveys and interviews, this new report analyzes how the market for real assets — and the role of sovereign funds and public pension funds — are evolving. For investors, asset managers, regulators and other market participants, it provides a valuable perspective on the fast-changing real assets landscape.