| The Sovereign Investment Lab – which, you have to admit, has a cool name – at Università Commerciale Luigi Bocconi has just released its annual review of sovereign wealth fund direct investment activity. Here’s a few of the interesting takeaways:
SWFs' direct investments were up significantly in 2011 – there were 15% more transactions worth 42% more than in 2010.The most popular industry for direct investments was financial services, representing 59 of the 237 direct investments last year. (Most of this, however, was due to the needs of domestic banks rather than strategic investments overseas.)..............................................Full Article: Source |