18.05.2010 - Sovereign funds tightened the spigot
From WSJ: The global financial slowdown prompted a sharp reduction in investment by sovereign-wealth funds in 2009, though their pace of spending picked up at the end of year, said a report by two research groups. Monitor Group, a consultant in Cambridge, Mass., and Fondazione Eni Enrico Mattei in Venice, Italy, track publicly disclosed investments by sovereign-wealth funds, recognizing that many of the funds' transactions may not be publicly reported. According to the report, the funds made $69 billion in equity investments in 2009, a 37% decline from 2008's $109 billion.............................................Full Article: Source
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