Hedge Funds & Alternative Investments
Sovereign wealth
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Sovereign funds strike out into private equity deals in bid to control costs
Some of the world's biggest sovereign wealth funds are increasingly striking their own private equity deals rather than relying on external fund managers, in a drive to cut costs and gain more control. With some $US6.5 trillion $8.5 trillion in assets, sovereign investors already account for 19 per cent of…
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Click here to read the full story: Financial Review