| “While the number and value of SWF transactions for the first two quarters of 2009 was the lowest for more than half a decade, by Q3, SWFs had realigned investment strategies with long-term goals, rethinking their approach to risk,” said William Miracky, a senior partner at Monitor Group. “We’re seeing an evolution in the behavior of SWFs; for example, for the first time we saw funds invest jointly to share risk while maintaining market exposure to a diverse range of asset classes and sectors, a trend we expect to continue.”
Analysis of SWF activity in the second half of 2009 found a resurgence in spending. Q3 and Q4 accounted for 85 percent of the 113 publicly reported transactions made by SWFs during the year, worth 85 percent of the overall value of $68.8 billion.............................................Full Press Release: Source
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