| According to the UN’s 2012 World Investment Report , sovereign funds are increasingly important contributors to foreign direct investment (FDI), allocating roughly $125 billion today with a trend-line that suggests this will increase dramatically in the years ahead. I think this is a pretty big deal. And to explain why, let’s start with some FDI 101.
The IMF defines ‘foreign direct investment’ as a category of international investment whereby there exists “a resident entity in one economy (direct investor) with the objective of establishing a lasting interest in an enterprise resident in an economy other than that of the investor (direct investment enterprise).”..............................................Full Article: Source
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