02.03.2010 - SWFs still shy of bank investments after crisis
From Efinancialnews.com: Sovereign wealth funds are avoiding bank stocks despite the sector's resurgence, preferring industrial and alternative assets as channels for new investment, according to research by International Financial Services London. The financial services sector accounted for less than a fifth of investments made by SWFs in 2009, a sharp decline from the 45% share they had taken since 2000, according to IFSL, which represents the UK financial services industry.............................................Full Article: Source
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