Funds with billions to spend for king and country

Brasse, Jonathan

Funds with billions to spend for king and country - 2007 - Property Week 72(45) 9 November 2007, 18(1) .

Reports on how sovereign wealth funds are keeping international property investment markets going. Argues this is because these funds are widening their remit to include riskier assets alongside their traditional targets of currency investment and this includes real estate. Reports that the total value of assets owned by sovereign wealth funds could be $12 trillion (£5.79 trillion) by 2015. Sovereign wealth funds are funds owned by a state. They consist of financial assets such as stock, bonds, property and other financial instruments.


International