02.08.2016 - SWF safety net disappears amid commodities rout
According to a report from Bocconi University in Milan, the flow of funds from Sovereign wealth funds (SWFs) that formed a safety net during the last financial crisis of 2008/09 in the form of direct investment has disappeared. SWFs are investing less money now, compared to last five years. In 2015, the SWFs invested only $48 billion directly which is 57 percent lower compared to 2008, when they invested $112 billion. World’s largest SWFs belong to countries producing natural resources, mainly oil. Norway, which is major oil exporter has world’s largest SWFs, followed by Saudi Arabia and Qatar...............................................Full Article: Source
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