11.02.2010 - SWFs homing in on emerging economies
From Business24-7.ae: With emerging markets outpacing developed economies and recovering from global recession faster than developing economies, many sovereign wealth funds are focusing their attention and thus their investment strategies towards these countries. "In our experience, sovereign wealth funds are increasingly focusing on emerging market equities at the expense of large-cap stocks in the United Kingdom, the United States and Europe. In part this is because emerging markets look more attractively valued," Rob Lay, Head of Mena, Europe and Alternatives at Baring Asset Management, said........................................Full Article: Source
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