30.09.2011 - Equity woes may force shift in SWF strategy
Sovereign wealth funds (SWFs) may be shifting toward alternative investments such as infrastructure and property as they reconsider their investment strategies after a decade of equity underperformance against low-yielding fixed income. That means the US$4-trillion (S$5.2-trillion) sector is unlikely to play white knight to hobbled euro zone banks as it did in 2008, when state-owned investment vehicles ploughed US$80 billion into troubled Western lenders..............................................Full Article: Source
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