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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

State Street Global Markets targets 20pct more mandates from Asia

Posted on 27 January 2010

From Businessweek.com: China Investment Corp., the nation’s sovereign wealth fund, has spent more than $4 billion on energy and resources investments since September to hedge against inflation and meet the needs of the world’s fasting-growing major economy.
South Korea’s National Pension Service, the nation’s biggest investor, plans to double its international assets to 15 percent of its total holdings by 2015, it said in July………………….Full Article: Source

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