83% of surveyed sovereign wealth funds and central banks cite geopolitical tensions as their top near-term concern, surpassing inflation.

Geopolitical tensions, such as US-China trade battles, now rank as the main concern for sovereign wealth funds and central banks managing $22 trillion in assets, according to an Invesco survey. Geopolitics has surpassed inflation as the top worry, with 83% of respondents citing it as their top near-term concern, and 86% worrying about geopolitical fragmentation and protectionism in the long term.