02.03.2010 - Sovereign wealth fund assets seen soaring 44pct by end of 2012
From Pionline.com: Total assets under management at sovereign wealth funds globally are expected to increase 44% to $5.5 trillion by the end of 2012, after having fallen by 3% in 2009 to $3.8 trillion, according to a report published by International Financial Services London. IFSL, a U.K. financial-services industry organization, estimated that SWFs funded primarily from commodities exports such as oil held about $2.5 trillion in assets as of the year-end 2009.............................................Full Article: Source
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