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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

Sovereign wealth funds pull $90bn from asset managers

Posted on 10 October 2016

State-backed investment vehicles grapple with low commodity prices and disappointing returns. Sovereign wealth funds have pulled almost $90bn from asset managers over the past two years, as state-backed investment vehicles grapple with low commodity prices and disappointing returns.
The outflows mark the longest sustained period of redemptions, adding pressure to asset managers already smarting from a low-yield environment and volatile markets…………………………………….Full Article: Source


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