Accelerating prosperity: KSA and UAE unite at the Global Wealth Conference

Accelerating prosperity: KSA and UAE unite at the Global Wealth Conference

- London City and SWFI join to host an unprecedented gathering of visionaries and investors to redefine the future of investing

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

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

- $10 billion UAE focused fund to be launched

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

Dubai, UAE – 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 these capital sources, which are coming from countries such as the United Arab Emirates and the Kingdom of Saudi Arabia. Sovereign wealth funds globally see the U.K. as a destination for direct investments.

Sovereign wealth funds have directly invested US$ 14.66 billion into the U.K. in 2022, compared to just US$ 8.205 billion in 2021. Sovereign wealth funds such as Mubadala Investment Company, the Public Investment Fund of Saudi Arabia, Singapore’s GIC Private Limited, and Canadian pension plans such as CDPQ, the Ontario Teachers’ Pension Plan, CPP Investments, and others