Given their typically global mandate and
long-term horizon, sovereign investors
should build their portfolio based on
major future trends, rather than on
short-term market movements.
Observers have defined the following
five megatrends that will shape the
global economy in the long run: the
shift in global economic power,
demographic and social change, rapid
urbanisation, climate change and
resource scarcity, and technological
breakthroughs (PwC).