| From Marketsmediaonline.com: A foreign policy expert on Thursday told Markets Media that while sovereign wealth funds grew last year, it is unlikely the sector struck funding levels of more than $3.2 trillion dollars as estimated in a new report.
The report, released Thursday by financial consulting firm Preqin, estimated that that sovereign wealth funds increased more than 6 percent from $3.05 trillion in 2008, despite the global economic downturn. Sovereign wealth funds are traditionally difficult to value, because they are government-sponsored pools of capital that are often not required to disclose public funding figures and are some of the world's largest and active institutional investors.....Full Article: Source
|