Monday, October 15, 2007

The New 900 Pound Gorilla

David Fuller writes today:
Sovereign wealth funds: the most important influence on markets that we will see over at least the next decade
He goes on to say:
Sovereign wealth funds (SWFs), currently estimated at around US$2 trillion, will soon be more important than both hedge funds and private equity combined. Morgan Stanley estimates that the total will be approximately US$12 trillion in SWFs by 2015.
David Fuller has been all over investment in physical commodities and India and Asia for four solid years. He opinion is always worth heeding. He provides this link to a good report on Sovereign Wealth Funds by Merrill Lynch.

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