Sovereign wealth funds to re-think asset allocations

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GLOBAL - Sovereign wealth funds will refocus on liquidity and re-evaluate the allocations of their combined US$3.2trn in assets, particularly their exposure to risk assets, as they emerge from the global financial crisis, a State Street panel said.

They are also investing more in their domestic markets, in some cases for the first time, in response to government demands. "Sovereign wealth funds have been stressed simultaneously on several ...

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