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Sovereign Wealth Funds Briefing - Categorized | Investment, Trends

Empire State stake, Melbourne port among Q3 sovereign fund acquisitions

Posted on 04 October 2016

An Australian port and a stake in the Empire State Building’s operator were among assets acquired by sovereign investors such as wealth funds and state pension funds in the third quarter of 2016, with deals totalling $21.2 billion.
Although some oil-backed sovereign wealth funds (SWFs) have been hit by a plunge in oil prices since June 2014, prompting withdrawals from cash-strapped governments to cover funding gaps, others, especially Asian SWFs, remain well-funded…………………………………….Full Article: Source


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