17.06.2016 - Watchdogs exempt sovereign wealth and pension funds from study
Sovereign wealth funds and pension funds have won a temporary break from tighter regulatory scrutiny, as global watchdogs exempted them from an ambitious study aiming to curb systemic risks from financial institutions that are not banks or insurers. SWFs — which have grown in number and size in the past decade due to an accompanying spike in commodity prices — have an estimated $7tn in assets under management, according to the Sovereign Wealth Fund Institute, while pension funds manage about $35tn of assets across the globe...............................................Full Article: Source
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