30.05.2011 - Firms prioritise SWFs on investor target lists
Listed companies are increasingly meeting with hedge funds and sovereign wealth funds, while a quarter are mulling a secondary listing in a high-growth market, mostly China or Hong Kong. 47% of all companies meet sovereign wealth funds (SWFs), with an additional 23% saying they are considering meeting them. “This is about corporates broadening their investor target lists,” says Gregory Roath, head of Asia-Pacific for BNY Mellon’s Depositary Receipts business. “That includes hedge funds and sovereign wealth funds (SWFs), and they are recognising the importance of those investment flows to the market..............................................Full Article: Source
Print