(Jan. 1, 2023 6:20 AM PST) The combined value of the world’s sovereign wealth and public pension funds has fallen for the first time ever, by $2.2tn, according to an annual study by Global SWF. The value of assets managed by sovereign wealth funds fell to $10.6tn from $11.5tn, while those of public pension funds dropped to $20.8tn from $22.1tn.

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