30.09.2013 - More sovereign wealth funds planned in Asia
Governments around the world- most notably in Asia -are planning to set up more investment funds that follow a public-private partnership investment approach, according to research* by Invesco. The new study-the US fund house's first to focus solely on sovereign institutions, to be released today- also confirms a strong shift by Asian state investors into alternatives. Although Asian and Middle East sovereigns still allocate less to alternatives than their Western counterparts, the findings suggest they are starting to adopt a more Western approach in terms of their investment models. This is a positive trend for managers specialising in alternatives, notes Desmond Ng, CEO of Greater China at Invesco...............................................Full Article: Source
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