23.05.2011 - SWF: New force in global market
With the aftermath of the global financial crisis waning, sovereign wealth funds (SWF) have emerged as a new force on the global money market, changing the landscape of the financial industry. In terms of assets under management, SWFs around the world were sitting on a combined $4.2 trillion war chest in December, up 11 percent from $3.59 trillion year-on-year, according to The CityUK. The figure stood at only $1.1 trillion in 2000..............................................Full Article: Source
Print