| Sovereign wealth funds’ growth slowed over the past year amid falling oil and commodity prices. The trend could impact New York’s commercial real estate market, where funds like Norges Bank and the Abu Dhabi Investment Authority are among the most active investors.
Total assets under management across all sovereign wealth funds grew by around 3 percent, or $200 billion, between March 2015 and March 2016, to $6.51 trillion, according to a new report by research firm Preqin. This marks a considerable slowdown compared to the previous three years, when annual growth averaged around 16 percent...............................................Full Article: Source
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