A new survey reveals that sovereign wealth funds and central banks are increasingly prioritising energy-related assets and infrastructure to enhance portfolio resilience in a volatile geopolitical environment, marking a significant shift in investment strategies.
Sovereign wealth funds and central banks overseeing US$29 trillion in assets are increasingly moving towards energy-related investments as they rethink how to protect portfolios against a more volatile world, according to a survey published by Invesco on Monday.
The research, based on responses from 90 sovereign wealth funds and 54 central banks, suggests that geopolitical fragmentation is reshaping the priorities of some of the world’s biggest institutional investors. Trade tariffs, disrupted shipping routes and conflicts in Ukraine and the Middle East have all fed a stronger emphasis on diversification and on assets that can withstand shocks.
Invesco said 80 per cent of those surveyed regarded energy security and energy-transition infrastructure as the most credible ways to make portfolios more resilient. Infrastructure, meanwhile, accounted for 9 per cent of sovereign wealth fund assets in 2026, reflecting the growing attraction of physical assets in an environment where traditional portfolio hedges have become less reliable.
The shift also appears to be influenced by the rapid build-out of energy-intensive artificial intelligence infrastructure, which is adding another layer of demand for power, grids and related assets.
Benjamin Jones, Invesco’s head of research, said investors were reworking old ideas about diversification. “In a world of inflation shocks, geopolitical fragmentation and more concentrated markets, investors are rethinking old assumptions about diversification and redesigning portfolios to withstand a wider range of outcomes,” he said. “Resilience is becoming a hard requirement, not a nice-to-have.”
The survey also pointed to a broader loss of confidence in bonds as a dependable offset to equities, after years in which the two asset classes have often moved in the same direction. That has prompted a greater focus on liquidity and real assets, particularly those linked to energy and critical infrastructure.
Concerns about the US dollar were also evident. According to the survey, 61 per cent of central banks believe high US debt levels are undermining the dollar’s long-term status as the main reserve currency, a sign that monetary authorities are increasingly questioning assumptions that have underpinned the global financial system for decades.
- https://www.scmp.com/business/banking-finance/article/3358682/sovereign-investors-us29-trillion-pivot-energy-assets-flag-dollar-fears?utm_source=rss_feed – Please view link – unable to able to access data
- https://www.scmp.com/business/banking-finance/article/3358682/sovereign-investors-us29-trillion-pivot-energy-assets-flag-dollar-fears?utm_source=rss_feed – Sovereign wealth funds and central banks managing US$29 trillion in assets are reassessing their portfolios, focusing on energy assets and expressing concerns about the US dollar. A survey by Invesco revealed that 80% of respondents view energy security and transition infrastructure as key to portfolio resilience, with infrastructure comprising 9% of sovereign wealth fund assets in 2026. The shift is driven by geopolitical tensions, including trade tariffs and conflicts in Ukraine and the Middle East. Additionally, 61% of central banks believe US debt levels negatively impact the dollar’s long-term reserve status.
- https://www.investing.com/news/forex-news/sovereign-investors-with-29-trillion-pivot-to-energy-assets-flag-dollar-fears-4764177 – Sovereign wealth funds and central banks managing US$29 trillion in assets are turning to energy assets and raising concerns about the dollar, according to an Invesco survey. The survey of 90 sovereign wealth funds and 54 central banks showed an increasing focus on diversification amid trade tariffs, closed shipping channels, and geopolitical conflicts. Some 80% of those polled said energy security and energy transition infrastructure were the most credible investments for making their portfolios more resilient, and infrastructure reached 9% of sovereign wealth fund assets in 2026.
- https://www.nst.com.my/amp/business/corporate/2026/06/1475541/sovereign-investors-us29tril-pivot-energy-assets-flag-dollar – Sovereign wealth funds and central banks managing US$29 trillion in assets are turning to energy assets and raising concerns about the dollar, according to an Invesco survey. The survey of 90 sovereign wealth funds and 54 central banks showed an increasing focus on diversification amid trade tariffs, closed shipping channels, and geopolitical conflicts. Some 80% of those polled said energy security and energy transition infrastructure were the most credible investments for making their portfolios more resilient, and infrastructure reached 9% of sovereign wealth fund assets in 2026.
- https://economictimes.indiatimes.com/markets/us-stocks/news/sovereign-investors-with-29-trillion-pivot-to-energy-assets-flag-dollar-fears/articleshow/132061079.cms – Sovereign wealth funds and central banks managing US$29 trillion in assets are turning to energy assets and raising concerns about the dollar, according to an Invesco survey. The survey of 90 sovereign wealth funds and 54 central banks showed an increasing focus on diversification amid trade tariffs, closed shipping channels, and geopolitical conflicts. Some 80% of those polled said energy security and energy transition infrastructure were the most credible investments for making their portfolios more resilient, and infrastructure reached 9% of sovereign wealth fund assets in 2026.
- https://www.streetinsider.com/Reuters/Sovereign%2Binvestors%2Bwith%2B%2429%2Btrillion%2Bpivot%2Bto%2Benergy%2Bassets%2C%2Bflag%2Bdollar%2Bfears/26700746.html – Sovereign wealth funds and central banks managing US$29 trillion in assets are turning to energy assets and raising concerns about the dollar, according to an Invesco survey. The survey of 90 sovereign wealth funds and 54 central banks showed an increasing focus on diversification amid trade tariffs, closed shipping channels, and geopolitical conflicts. Some 80% of those polled said energy security and energy transition infrastructure were the most credible investments for making their portfolios more resilient, and infrastructure reached 9% of sovereign wealth fund assets in 2026.
- https://cryptobriefing.com/sovereign-investors-energy-assets-dollar-fears/ – Sovereign wealth funds and central banks managing US$29 trillion in assets are turning to energy assets and raising concerns about the dollar, according to an Invesco survey. The survey of 90 sovereign wealth funds and 54 central banks showed an increasing focus on diversification amid trade tariffs, closed shipping channels, and geopolitical conflicts. Some 80% of those polled said energy security and energy transition infrastructure were the most credible investments for making their portfolios more resilient, and infrastructure reached 9% of sovereign wealth fund assets in 2026.
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
10
Notes:
The article is based on a press release published by Invesco on 29 June 2026, indicating high freshness. ([invesco.com](https://www.invesco.com/hk/en/investment-ideas/press-and-media/2026/sovereign-investors-prioritize-resilience-diversification-amid-heightened-global-uncertainty.html?utm_source=openai))
Quotes check
Score:
8
Notes:
The article includes direct quotes from Invesco’s head of research, Benjamin Jones. These quotes are consistent with the press release, suggesting they are directly sourced. However, the absence of independent verification raises some concerns about their authenticity.
Source reliability
Score:
9
Notes:
The primary source is Invesco’s official press release, a reputable financial institution. However, the article is published by the South China Morning Post, which is a major news organisation, lending credibility to the reporting. ([scmp.com](https://www.scmp.com/business/banking-finance/article/3358682/sovereign-investors-us29-trillion-pivot-energy-assets-flag-dollar-fears?utm_source=openai))
Plausibility check
Score:
9
Notes:
The claims about sovereign investors shifting focus to energy assets and expressing concerns about the US dollar align with current global economic trends. However, the lack of independent verification of the survey results slightly diminishes the overall credibility.
Overall assessment
Verdict (FAIL, OPEN, PASS): PASS
Confidence (LOW, MEDIUM, HIGH): MEDIUM
Summary:
While the article is based on a recent press release from Invesco, the lack of independent verification and reliance on a single source introduce some uncertainties. Editors should exercise caution and consider seeking additional independent sources to confirm the claims made in the article.