| Sovereign wealth funds are known for their sophistication and long-term time frame, so it shouldn’t be a surprise to learn that they were highly active picking up bargains during the European debt crisis. This is well known. But new research shows just how remarkably busy they were at a time when everyone else was heading for the hills.
A new report by ESADEgeo, a Spanish group affailiated with ESADE Business School, does a good job of quantifying just how investment patterns among sovereign wealth funds changed through the financial crisis, as funds that had previously committed to boosting their presence in emerging markets instead changed tack as they found opportunities in the developed world...............................................Full Article: Source
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