17.05.2013 - Real estate overtakes commodities as top sovereign asset
Real estate topped the list of sovereign wealth fundsí investments last year, overtaking commodities and financial services, according to Institutional Investorís Sovereign Wealth Center. Properties made up 26 percent of investments by these funds last year, up from 14 percent in 2011, according to the centerís report on investment trends by the funds released today. Thatís followed by financial services and commodities, each accounting for 23 percent, down from about 30 percent a year earlier, it said...............................................Full Article: Source
Print