15.03.2011 - SWFs total assets swell to $4tn
From Emirates247.com: Sovereign wealth funds (SWFs) assets expanded continued to grow by 11 per cent for the second consecutive year, reaching nearly $4 trillion (Dh14.7 trillion) in 2010, according to Preqin statistics issued recently. The proportion of SWFs investing in alternatives also rose over 2010, despite the challenging financial climate. Aggregate assets under management (AuM) of SWFs increased from $3.59tn in 2010 to $3.98tn at the start of 2011, it said..............................................Full Article: Source
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