| Sovereign wealth funds worldwide are expected to grow by 50% in two years to an estimated combined $6 trillion in assets, according to data from the Milken Institute.
The growth is expected from a combination of the creation of more sovereign wealth funds and an improving economy, Patrick Mitchell, senior managing director and portfolio manager at Guggenheim Partners, said Wednesday at the Milken Institute Global Conference in Beverly Hills, Calif..............................................Full Article: Source
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