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Sovereign Wealth Funds Briefing - Categorized | Performance, Research

Total assets of SWFs increase 9pct to $3.5trn

Posted on 12 March 2010

From Business24-7.ae: The aggregate total assets of all sovereign wealth funds (SWFs) continued to increase over the past year with more investment focus turning towards alternative asset classes. Recovery in global equities markets helped certain SWFs regain ground lost as a result of the economic downturn.

However, some funds have been used by governments to cover budget deficits and support financial institutions, said a study by Preqin, one of the leading private equity information providers……………………….Full Article: Source

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