| TheCityUK’s Sovereign Wealth Funds 2015 report, released today, reveals that SWFs have increased their presence in the UK, making it the global leader for direct SWF investments as well as the leading Western centre for the management of SWFs. While the UK and US each accounted for around 16% of the $800 billion invested by SWFs since 2007, in relation to the size of its economy, the UK attracted over five times more investment than the US.
According to the report, global assets under management of SWFs increased by 16% in 2014 to a record $7.1 trillion, with direct investments of SWFs amounting to $117 billion – the second highest annual amount invested on record...............................................Full Article: Source
|