Core Insights - Political factors and policy decisions have become the core drivers of investment strategies for sovereign investors, leading to a fundamental reassessment of portfolio construction and risk management [1] - Sovereign wealth funds and central banks are increasingly concerned about geopolitical tensions and inflation pressures, with 88% and 64% of respondents identifying these as major short-term risks respectively [1] - A significant shift towards active investment strategies is observed, with over 70% of sovereign wealth funds adopting active strategies in fixed income and equities [2] Group 1: Investment Strategies - 59% of respondents express heightened concerns about excessive volatility in financial markets, a significant increase from 28% in 2024 [1] - 52% of sovereign wealth funds plan to increase their active equity holdings in the next two years, while 47% intend to boost active fixed income positions [2] - Among sovereign wealth funds with over $100 billion in assets, 75% have shifted towards more active equity strategies in the past two years [2] Group 2: Focus on Emerging Markets - 59% of respondents prioritize China as a key emerging market, marking a significant shift since 2024 [3] - 71% of respondents cite attractive local returns as a driving factor for increasing allocations to Chinese assets, with 88% of Asia-Pacific sovereign funds planning to do so [3] - The most attractive sectors for investment in China include digital technology and software (89%), advanced manufacturing and automation (70%), and clean energy and green technology (70%) [3] Group 3: Central Bank Strategies - 64% of central banks plan to increase their reserves in the next two years, up from 53% in 2024 [4] - 47% of central banks expect to increase their gold allocations over the next three years, viewing gold as a strategic hedge against geopolitical and financial uncertainties [5] - Interest in digital assets is growing, with 11% of sovereign wealth funds investing directly in digital assets, a slight increase from 7% in 2022 [5]

景顺亚洲(日本除外)首席执行官马丁(MartinFranc)表示："市场逐渐形成共识，中国蕴藏着独特且具有吸 引力的机会，尤其是围绕中国不断发展的科技生态系统的相关机会。中国在主要科技领域的创新领导力 越来越令人信服，吸引投资者争相投资。有利的政策和具竞争力的国内市场，使创新技术得以迅速扩大 规模并获得竞争优势，全球投资者正将中国投资视为其资产配置的支柱，以实现其投资组合目标。" 据悉，景顺此项研究是主权投资者活动的领先指标，研究汇集包括首席投资官、各资产类别主管及投资 组合策略师在内的141位高级投资专家的见解，他们分别来自83只主权财富基金及58家央行，旗下管理 的资产总额达27万亿美元。(完) （文章来源：中国新闻网） 中新社北京7月14日电 (记者夏宾)全球投资管理公司景顺14日对外发布的第十三份年度《景顺全球主权 资产管理研究》显示，面对全球分化和政策不确定性，主权投资者倾向于主动型管理，对中国市场兴趣 升温。 上述研究称，新兴市场仍是主权财富基金的战略重点，但组合内部的优先次序正在发生转变，主权财富 基金正采取更为精挑细选的投资方法，且对中国市场的兴趣明显回升。在受访者的首选新兴市场投资重 点中， ...