Global sovereign wealth funds increasing allocations to Chinese assets: Invesco

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Global sovereign wealth funds are increasing their allocations to Chinese assets, betting on the country’s prowess in digital technologies, renewable energy and advanced manufacturing to drive returns and hedge geopolitical risks, according to an Invesco study.Nearly 60 per cent of sovereign wealth funds said they planned to increase their investments in China over the next five years, higher than in 2024, the study revealed on Monday.The Invesco Global Sovereign Asset Management study was...