08.06.2011 - Sovereign funds change track
Sovereign wealth funds are making smaller investments in larger numbers and continue to shift focus from developed markets to the emerging world, according to a new report on fund activity last year. Overall, publicly reported investments by sovereign funds were worth US$52.7 billion (Dh193.56bn) last year, a decline of 23 per cent compared with 2009, according to the third annual report by the Monitor Group in London on state-owned investment vehicles. At the same time, the number of reported investments almost doubled to 172...............................................Full Article: Source
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