| China is seeking more-productive ways to deploy the $3.2 trillion it holds in foreign exchange reserves and other national wealth, including rapid expansion of its sovereign wealth management vehicles.
Asian sovereign wealth funds (SWFs) have accrued an impressive range of strategic assets, increasingly diverse by location and type, and are steadily establishing a solid track record and enhancing their credibility as international investors. With developed markets still mired in a debt crisis, cash-rich Asian SWFs find themselves presented with an unprecedented window of access to high-quality developed market assets...............................................Full Article: Source
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