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Sovereign Wealth Funds Briefing - Categorized | Market

State funds eye commodities and emerging markets

Posted on 29 October 2009

From Reuters: Sovereign wealth funds will focus their buying on natural resources and emerging markets in 2010, after picking commodities over financials for most of their $94 billion investments this year, a senior Barclays banker said.

Sovereign funds, managing as estimated $3 trillion (1.8 trillion pounds) in assets, had their fingers burnt in their bold investments in Western banks such as Citigroup and UBS during the early phase of the global crisis……………………….Full Article: Source

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