From Emergingmarkets.me: Assets managed by sovereign wealth funds total almost $4tn worldwide, making 2010 the second year running in which they showed an 11% increase. However, some countries were making withdrawals from their SWFs in 2010.
Russia’s Reserve Fund, for instance, contracted to $25.4bn from $60.5bn over the year as a result of being used to balance the national budget, according to Preqin, an alternative assets research firm..............................................Full Article: Source
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