Sat, Aug 1, 2015
A A A
Welcome asarmad
RSS

Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Trends

As SWFs look beyond bonds and equities, another great rotation is underway

Posted on 14 February 2013

Azerbaijan is planning to take some of its $34 billion in state oil wealth on a trip Down Under, where it will shop for real estate (paywall), as the sovereign wealth fund told the Wall Street Journal. That makes the Azeri fund the latest sovereign wealth fund to board the property investment bandwagon.
Norges Bank Investment Management—the world’s biggest sovereign wealth fund, which manages Norway’s pension fund—got this bandwagon rolling last year, when it announced that it was carving out room in its traditionally bond- and equities-heavy portfolio to make room for a 5% allocation toward real estate investments. The $703-billion fund has since snapped up properties—most of them office complexes and malls—in London, Paris, Frankfurt, Berlin, Zurich and Sheffield………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 16802 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
August 2015
M T W T F S S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31