Geopolitical rivalries, including brewing trade battles between the United States and China, now trump inflation as the biggest worry for sovereign wealth funds and central banks managing some $22 trillion in assets, an Invesco survey published on Monday showed.
The ratcheting up of conflict – from Russia’s war in Ukraine to trade restrictions – has loomed over global investors for several years, but with the inflation tide ebbing, and as nearly half the world’s population votes on new leaders, the tensions are now centre stage.
Source: REUTER
