02.02.2011 - Sovereign wealth funds shift from active to passive in wake of crisis, says State Street
From IPE: Sovereign wealth funds have adapted their investment strategy in the wake of the global financial crisis, increasing the size of their beta portfolios at the expense of alpha investments, State Street has said. The shift from active to passive strategy has gone so far that it is now the preferred investment approach, a Middle Eastern sovereign wealth fund told the company..............................................Full Article: Source
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