| Sovereign wealth funds are spending more money on alternative investments after stock markets gained and bond yields declined, said Scott Kalb, chief executive officer of KLTI Advisors and former chief investment officer of Korea Investment Corp.
“The large institutional investors are increasing their allocations to alternatives right now,” Kalb said in an interview with Bloomberg Television at the SALT conference yesterday. “To the extent that you get the capital available for long-term investment, you want to get out of the public markets.”..............................................Full Article: Source
|