12.03.2013 - Sovereign funds keep pouring into London’s real estate assets
Sovereign wealth funds are forecast to reach a record $5.6 trillion in assets this year, with Britain revealed as the second most popular destination for investment, according to research. TheCityUK’s Sovereign Wealth Funds 2013 report revealed that total assets held by these funds increased for the fourth year running in 2012 to $5.2 trillion and predicts these will grow a further $400bn this year. Investment into global property jumped by 30 per cent last year to $10bn as sovereign wealth funds sought to diversify their portfolios...............................................Full Article: Source
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