Wed, Jul 30, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Market, Reserve Currencies

Return of SWFs may hurt dollar, UBS says

Posted on 13 January 2010

From Bloomberg: The dollar may come under pressure as sovereign wealth funds resume investing in international assets and diversify out of commodity earnings denominated in the U.S. currency, according to UBS AG.

Such funds “tend to favor equities over bonds” and also increased allocations to emerging markets,” Mansoor Mohi-uddin, head of currency strategy in Singapore at UBS, wrote in an e- mailed note today. “Their return to prominence may hinder the dollar at the margin.”…………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14473 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« Jun    
 123456
78910111213
14151617181920
21222324252627
28293031