The Sovereign Wealth Fund Institute, the world’s trusted source on institutional investors and global capital, has announced its Global Wealth Conference, taking place in historic locations on May 31 and June 1 in London. The GWC platform has attracted some of these capital sources, which are coming from countries such as the UAE and Saudi Arabia. Sovereign wealth funds globally see the UK as a destination for direct investments.
Sovereign wealth funds have directly invested $14.66 billion into the UK in 2022, compared to just $8.205 billion in 2021. Sovereign wealth funds such as Mubadala Investment Company, the Public Investment Fund of Saudi Arabia, Singapore’s GIC Private Limited, and Canadian pension plans such as CDPQ, the Ontario Teachers’ Pension Plan, CPP Investments, and others continue to allocate capital directly into the UK based on SWFI transaction data.
The conference will be attended by 40 sovereign wealth funds, 50+ family offices from around the world, 30+ pension and public funds, 50+ institutional global asset managers, and 30+ prominent personalities from royal families to policymakers. From Saudi Arabia, Ajlan and Bros., one of the largest private sector conglomerates in the Middle East region, will attend while Dr. Tarek Hajiri, CEO, DIFC Family Wealth Centre, from the UAE will also attend the conference.
Lakshmi Narayanan, chairman of the SWFI, and Michael Maduell, president of the SWFI, said in a joint statement: “Global Wealth Conference presents an exceptional platform for GCC countries and prominent business entities to highlight and exchange a multitude of business opportunities with institutional investors, fostering capital inflow and forging strategic partnerships. To date, over 60 distinguished Middle Eastern families and institutions have registered, constituting an impressive 20 percent of the total attendees. The conference will witness the momentous launch of the $20 billion Tourism Infrastructure Fund, dedicated to catalyzing development in the MENA region.”
The event will feature a diverse program, encompassing compelling keynote presentations, engaging panel discussions, interactive workshops, and exclusive private dinners held in historic venues.