26.08.2013 - Sovereign wealth funds are approaching 6 trillion in assets
Sovereign wealth funds are approaching US$ 6 trillion in assets. Increases in stock markets globally have helped lift the value of sovereign wealth assets.“Rising globally, sovereign wealth funds are springing up from Africa to certain states in the U.S.,” commented Michael Maduell, President of the Sovereign Wealth Fund Institute. Asia and the Middle East hold the bulk of sovereign wealth fund assets. Those regions have time and flow on their side...............................................Full Article: Source
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