With concerns about global economic stability, many sovereign wealth funds (SWFs) are evaluating current market conditions to determine the most effective investment strategies. Diversification is a common theme for many fund managers, with some seeking new opportunities in environmental, social, and governance (ESG) and impact investing, while others are targeting industries that may be buoyed by a financial downturn.

This report breaks down the potential impact of a global recession on the SWF industry, as well as some of the key investment trends SWFs may pursue in the latter half of 2023.