26.06.2012 - Bocconi: Foreign sovereign funds invest +42pct in 2011
According to the Bocconi Report, foreign sovereign funds invested 80.9 billion dollars in 2011, +42% on 2010. The absolute value, however, amounts to less than investments made in 2008 and 2009. The information is posted in the Sovereign Wealth Fund Annual Report 2011, which covers 31 sovereign funds, drawn up by the Sovereign Investment Lab of the Bocconi University's Centro Baffi. 43% of the overall operational spend went into the financial sector (35.2 billion dollars), triggering a "need to recapitalise domestic banks."..............................................Full Article: Source
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