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Sunday, September 24, 2023

London to host Global Wealth Conference


The Sovereign Wealth Fund Institute (SWFI), the world’s most trusted institutional investor and source of global capital, announces that its Global Wealth Conference (GWC) will be held in London on 31 May and 1 June.

The GWC platform has attracted some of these sources of funding, coming from countries such as the United Arab Emirates and the Kingdom of Saudi Arabia. Global sovereign wealth funds see the UK as a destination for direct investment.

Sovereign wealth funds have invested $14.66 billion directly in the UK in 2022, compared to just $8.205 billion in 2021. Sovereign wealth funds such as Mubadala Investment Corporation, Saudi Arabia’s Public Investment Fund, Singapore’s GIC Pte Ltd, and Canadian pension plans such as CDPQ, Ontario Teachers’ Pension Plan, CPP Investments and others continue to trade data based on SWFI Distribute funds directly to the UK.

40 sovereign wealth funds, more than 50 family offices from around the world, more than 30 pension and public funds, more than 50 institutional global asset managers and more than 30 high-profile personalities from royal families to policymakers will attend. Ajlan & Bros from the Kingdom of Saudi Arabia, one of the largest private business groups in the Middle East; Dr. Tarek Hajjiri, CEO of DIFC Center for Family Wealth will be present.

Lakshmi Narayanan, Chairman, Sovereign Wealth Fund Institute, and Michael Maduell, Chairman, Sovereign Wealth Fund Institute, commented: “The Global Wealth Conference provides a business opportunity for GCC countries and prominent business entities to highlight and network with institutional investors, promoting Capital inflows and strategic partnerships. An impressive 20% of attendees with over 60 prominent Middle Eastern families and institutions registered to date. Conference will witness the launch of a $20 billion tourism infrastructure fund , the fund is dedicated to promoting development in the Middle East and North Africa region.”

The Global Wealth Conference will bring together a wide range of attendees, including major investors such as sovereign wealth funds, pension funds, foundations, official bodies, endowments, large family offices and other asset owners, as well as top industry leaders.

This dynamic event will feature a diverse and captivating program, including compelling keynote addresses, engaging panel discussions, interactive workshops and an exclusive private dinner in a historic venue. Participants can eagerly look forward to immersive networking sessions that facilitate valuable connections and collaborations. – trade arab news agency


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