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SWF's investments jump 165% in 2007
- Wednesday, March 19 - 2008 at 14:04
Sovereign wealth funds have invested $24.4bn in the first two months of this year, already nearly half of last year's volume, reported Reuters. Sovereign funds, which totalled about $3tr globally, saw their investment jump 165% to $48.5bn in 2007, compared with $19.2bn in 2006 and $8.2bn in 2005. In the financial sector alone, SWFs have injected $54bn since September.
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Jeff Florian, Senior ReporterWednesday, March 19 - 2008 at 14:04 UAE local time (GMT+4)
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