05.10.2010 - Sovereign funds develop new tricks of trade
From Maktoob.com: Sovereign funds are developing in-house portfolio management techniques after the global crisis, a worrying trend for asset management companies, an executive at research firm Cerulli Associates said. Global asset managers, who have historically pocketed attractive fees by managing a significant share of the sovereign funds, need to be aware of this development while approaching them for funds, according to Shiv Taneja, managing director at Boston-based Cerulli..............................................Full Article: Source
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