16.12.2008 - SWFs may be net sellers of world

From Reuters: Sovereign wealth funds could soon turn into net sellers of world assets as diminishing return profiles prompt them to liquidate foreign assets accumulated in boom times and invest instead locally. Such a shift is likely to come increasingly from those that have aggressively diversified away from liquid government bonds and have actively managed portfolios -- a prerequisite for higher returns before the credit crisis..... Full Article: Source

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