14.03.2013 - Which country is the SWFs sweetheart?
Investments in the United States have made up a fifth of all sovereign wealth fund (SWF) capital placements since 2005, research has shown. TheCityUK, an organisation for financial businesses in the United Kingdom, found the US had been the favoured home for investment capital over the past seven years. The UK accounted for one sixth of these investors' capital, with China, France, Switzerland, Germany, and Qatar other important destinations. As an example, in February, the manager of the world's largest sovereign wealth fund, the Norway Pension Fund-Global announced a $1.2 billion agreement with TIAA-CREF to create a joint US real estate venture.......................................Full Article: Source
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