The US as the Decision Market: Why 2025 Marked a Structural Break in Sovereign Investment

5th January, 2026
In 2025, sovereign investors channelled more than US$140 billion into the US economy, lifting the country’s share of global sovereign deal activity to over 50%, as revealed in Global SWF’s 2026 Annual Report published last week.At first glance, this appeared to be another cyclical surge driven by a handful of...
In 2025, sovereign investors channelled more than US$140 billion into the US economy, lifting the country’s share of global sovereign deal activity to over 50%, as revealed in Global SWF’s 2026 Annual Report published last week.At first glance, this appeared to be another cyclical surge driven by a handful of...

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