07.08.2013 - Hedge funds and commodities are off the menu for SWFs
Alternative asset classes are piquing the interest of sovereign wealth funds (SWFs), but asset managers will have to work hard to win any of their money. A report from research specialists Cerulli has found 64% of asset managers believe alternatives will attract the most mandates from SWFs over the next 12 months. However, they believed SWFs would only be interested in private equity or infrastructure assets. None of the asset managers questioned believed the funds would allocate more to hedge funds, commodities, or any other sort of alternative...............................................Full Article: Source
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