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Sovereign funds regain appetite
01 March 2010
Sovereign wealth funds gradually regained their appetite for foreign investments in 2009
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[SWF]
[investments]
[IFSL]
Sovereign wealth funds gradually regained their appetite for foreign investments in 2009, having cut-back on cross-border spending for much of 2008, according to a newly published report from International Financial Services London (IFSL), a body promoting UK financial services worldwide.
IFSL’s report Sovereign Wealth Funds 2010 shows that the $10bn invested by SWFs in the first half of 2009 was the slowest start to a year since 2005. Activity picked up in the second...
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