02.03.2012 - Sovereign wealth funds off to slow M&A start in 2012
Sovereign wealth funds are shying away from making large mergers and acquisitions, at least in public, with announced activity volumes tumbling to less than a tenth of last year, Thomson Reuters data shows. Worldwide announced M&A volumes involving these funds, a giant $4-5 trillion industry which manages windfall revenues for future generations, fell to $787 million in January to Feb 28, compared with $8.6 billion in the same period last year.................................................Full Article: Source
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