07.10.2009 - Sovereign fund assets rise to $3.9 trillion
From Reuters: Total assets managed by the world's sovereign wealth funds rose 18 percent in 2008 to $3.9 trillion (2.4 trillion pounds) as inflows of new funds more than offset losses made by their investments, a London-based thinktank said. International Financial Services London (IFSL) said in a recent report other sovereign investment vehicles, such as pension reserve funds and development funds, held $5.5 trillion in additional assets...................Full Article: Source
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