Economic TimesLean R·
Sovereign investors with $29 trillion pivot to energy assets, flag dollar fears
Global financial giants managing $29 trillion are pivoting towards energy assets and infrastructure, seeking portfolio resilience amidst escalating geopolitical turmoil. Concerns over the US dollar's long-term standing are also growing, with many institutions re-evaluating their reliance on US-based financial services. This strategic shift prioritizes investments that can weather economic shocks and trade disruptions, with gold holdings also set for an increase.
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