13.02.2009 - Sovereign wealth funds revalued
From FT: Sovereign wealth funds (SWFs) have emerged as the funding source of the next few years. According to the Sovereign Wealth Fund Institute, SWFs manage $3,000bn. To put this figure into perspective, the hedge fund and private equity markets combined account for less than $2,000bn. Some estimates suggest that SWFs will manage more than $10,000bn by 2015..... Full Article: Source