From Euromoney.com: It was a nail-biting year for sovereign wealth funds in 2009. With the price of oil, currency movements, and exposure to financials and real estate to worry about, many funds were in a state of paralysis in the first half of the year.
Only $3.5 billion was invested between April and June as equity markets rallied, the lowest quarterly level since the last three months of 2004……………………………….Full Article: Source