| 21.08.2009 - SWFs see assets shrink |
| From Nytimes.com: After acting as oases of cash last summer, sovereign wealth funds‘ assets are down this year to $3.2 trillion down from $3.5 trillion last year, The Daily Telegraph reported, citing data from fund manager and sovereign wealth fund adviser, State Street. Projections last year were that the wealth funds’ assets would reach as much as $20 trillion by 2020, meaning that these recent figures are far off from those estimates.............Full Article: Source |