The majority of public pension funds and sovereign wealth funds (58%) expect to increase their infrastructure allocations over the next 12 to 24 months, according to the OMFIF’s Global Public Funds 2024 report.
The Official Monetary and Financial Institutions Forum is a forum for central banking, economic policy and public investment. Twenty-eight global public funds with a combined $6.5 trillion in assets.
This is up from 53% that had the same expectation in last year’s survey and 42% in 2022. About half of survey respondents indicated they plan to increase their allocations to private credit over the next 12 to 24 months, while more than 40% expect to increase public equities and the same percentage plan to increase their allocations to private equities. More than 30% expect to increase their real estate allocations over the next 12 to 24 months.
With respect to their sustainable investment portfolios, 60% of respondents invest their sustainable portfolios in venture capital, private equity or private debt. In the 2023 survey, 45% of respondents had no exposure to venture capital, private equity or private debt in their sustainable portfolios.
As for emerging markets, 58% of respondents said India is the most attractive emerging market. Brazil is second most in demand with 17% of respondents. No respondents selected China as the most attractive emerging market, compared with 23% in the 2023 survey.
