09.10.2009 - Are Sovereign Funds back?
From Rgemonitor.com: It certainly seems so—at least in terms of new purchases. At least two of the conditions that contributed to SWF’s rapid rise in 2007 and early 2008— a rally of equities and alternative assets, as well as the growth in foreign exchange reserves—have resumed, to some extent. Yet future growth might be more muted—the third condition—large oil surpluses—no longer exists. The revival of equity and commodity prices has contributed to the rise of sovereign funds’ assets under management, allowing them on average to make back half of the paper losses sustained in the 2008/09 price correction....................Full Article: Source