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Sovereign Wealth Funds Briefing - Categorized | Market, Trends

Demand for AIA’s offering picks up

Posted on 06 October 2010

From WSJ: AIA Group Ltd., the pan-Asian life-insurance business of American International Group Inc., kicked off investor presentations for its initial public offering amid a flurry of requests for shares from institutional investors, people familiar with the matter said, helping offset earlier lackluster interest from tycoons and sovereign-wealth funds.
By midday Tuesday, demand from investors equaled the number of shares being offered, the people said……………………………………….Full Article: Source

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