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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

SWFs hold off foreign buys, invest at homev

Posted on 16 February 2009

From Reuters: Major sovereign wealth funds are holding off big investments abroad expecting markets to fall further this year, with some focusing on investing at home to stimulate economies in the wake of a global crisis, a survey showed.

Senior executives of some of the world’s biggest funds said they held off any substantial investment for now and were generally cautious, particularly with bailing out distressed firms, according to a survey by Financial Dynamics International published on Sunday….. Full Article: Source


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