12.11.2010 - Cheap money transforming SWF investment strategy
From Reuters: Sovereign funds tasked with managing national wealth may be forced to drastically alter their investment strategy in the coming years as the latest U.S. liquidity spree fuels cash inflows but depresses asset returns. While their assets are set to hit as much as $10 trillion in the coming decade, a low-returns climate makes orthodox portfolio management more unattractive, pushing these funds further into private equity-style or deal-based investment..............................................Full Article: Source
Print