Tuesday, May 30, 2023

Accelerating Prosperity: India Unites At The Global Wealth Conference, Paving The Path For Phenomenal Expansion


* London City and SWFI Join to Host an Unprecedented Gathering of Visionaries and Investors to Redefine the Future of Investing

Highlights:

·         Fund houses managing AUM worth $5 trillion will be under one roof

·         $10 billion worth of MoUs to be signed or announced

·         $10 billion India-focused fund to be launched

·         40 Sovereign Wealth Funds, 50+ family offices, 30+ Pension/Public Funds from across the globe

The Sovereign Wealth Fund Institute® (SWFI®), the world's most trusted source on institutional investors and global capital, has announced its Global Wealth Conference (GWC), taking place in historic locations on May 31 and June 1 in London. The GWC platform has attracted some of the world’s largest pools of capital, some of which are coming from India.

Sovereign wealth funds globally see India as a destination for direct investments.  Sovereign wealth funds have directly invested US$ 6.714 billion into India in 2022, compared to just US$ 4.3 billion in 2021. This analysis excludes fund commitments. Sovereign wealth funds such as Mubadala Investment Company, Abu Dhabi Investment Authority, GIC Private Limited, Qatar Investment Authority, Kuwait Investment Authority, Norway Government Pension Fund Global, and others continue to allocate capital directly into India 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 India, law firm Nishith Desai Associates, SUN Group, Jindal Steel and Power, and a few others will attend the conference.

Commenting on the event, Lakshmi Narayanan, Chairman of the Sovereign Wealth Fund Institute said, “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. According to SWFI research, India is a desired destination for SWF capital, and having Indian entities participate can directly drive more capital into the country.

The Global Wealth Conference will bring together an impressive array of attendees, including major investors such as sovereign wealth funds, pensions, foundations, official institutions, endowments, large family offices, and other asset owners, alongside top-level industry leaders.

Michael Maduell, President of the Sovereign Wealth Fund Institute, said, “India's remarkable ascent as a global powerhouse is indisputably bolstered by the invaluable contributions of sovereign wealth funds and pension capital, as extensively validated by our comprehensive research data. A key catalyst behind this success lies in the government's commendable efforts to facilitate seamless access to lucrative opportunities for foreign investors. Thus, the significance of eminent gatherings like the Global Wealth Conference (GWC) becomes paramount, serving as an influential platform where asset owners, governments, and astute fund managers converge to forge fruitful alliances.”

This dynamic event will feature a diverse and captivating program, encompassing compelling keynote presentations, engaging panel discussions, interactive workshops, and exclusive private dinners held in historic venues. Participants can eagerly anticipate immersive networking sessions, fostering valuable connections and collaborations..

About GWC

The Global Wealth Conference (GWC) by SWFI® is an international thought leadership and networking platform that informs and channels global wealth for positive action, hence the motto "Global Wealth in Action". Our global events educate and enable sovereign wealth funds, pensions, allocators, family offices, leading asset managers, and policymakers to link, learn, and lead. The Global Wealth Conference will provide an inclusive and collaborative environment, fostering meaningful connections and inspiring new collaborations among attendees. Participants will have the opportunity to exchange ideas, share best practises, and learn from the experiences of industry leaders, visionaries, and influencers who are making a significant difference in the world of finance and wealth management.

Interested participants are encouraged to visit the conference website at [https://gwc.events] for further information and updates on speakers, the agenda, and venue details

About SWFI

The Sovereign Wealth Fund Institute® (SWFI®) has been hosting highly successful global forums to bring together the world’s largest investors, including sovereign wealth funds, pensions, foundations, endowments, large family offices, official institutions, and other asset owners, with top-level industry leaders for the purpose of deep knowledge sharing and preeminent deal-making.

For the 15 plus years since its inception, SWFI has served as a critical industry liaison dedicated to assisting these institutions in the areas of investment, asset allocation, governance, policy, risk assessment and mitigation, and other relevant issues. By providing specialised data, events, and research, SWFI has become the world’s leading resource on global capital formation and flows.

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