More reserves should flow into SWFs, says State Street
Sovereign wealth funds shifted towards more passive strategies and increased equity exposures last year, according to a recent survey. But there is potentially a lot more for them to invest.
In line with what one might expect, sovereign wealth funds (SWFs) saw substantial asset growth during 2009, according to a non-scientific poll by US asset manager State Street Global Advisors (SSgA).
The survey polled 12 sovereign wealth funds -- six in Asia-Pacific and six in the Europe, Middle East and Africa (EMEA) region. The Asia-Pacific entities' assets under management had risen 40% by September 2009, from $10.6 billion to $14.9 billion, while the EMEA funds' AUM had grown by…
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.