| Sovereign wealth funds will increase their allocations to real estate and infrastructure in an attempt to diversify portfolios currently over-allocated to bank equities, according to a report from TheCityUK, a body representing the UK financial services sector.
Marko Maslakovic, senior manager for economic research, said the underperformance of financial services sector investments made during the financial crisis had left sovereign wealth funds with negative domestic publicity........................................Full Article: Source |