05.02.2010 - SWFs are back… not that they ever went away
From Kippreport.com: Sovereign wealth funds (SWFs) have total assets of an estimated $3 trillion, and - despite having gained a reputation for being secretive and opaque - certainly garner their fair share of attention from the markets and media. This scrutiny is likely to increase over the next five years. According to a recent report by the Independent Treasury Economic Model Club, SWFs’ total assets are forecast to grow by 10-15 percent a year to $8 trillion by 2015. Currently, equities account for about half of the funds’ portfolios: SWFs - run by the likes of Abu Dhabi, Norway, Kuwait, Singapore and China - own about 4 percent of the world’s listed companies......................................Full Article: Source
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