Funds with billions to spend for king and country
Language: English Series: Property Week ; 72(45) 9 November 2007, 18(1)Publication details: 2007Subject(s): Summary: 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.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L141335 (Browse shelf(Opens below)) | 1 | Available | 141335-1001 |
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.