Sovereign Wealth Fund Assets Up 9% in 2009

Filed under: International Markets, Russia, Private Equity, Economic Data

The amount of money sitting in sovereign wealth funds grew in 2009. As financial markets around the world recovered from the severity of the financial crisis that struck in September 2008, the coffers of these unique financial entities swelled to $3.51 trillion, according to the latest research from the alternative investment analysts at Preqin.

Nonetheless, some funds did experience withdrawals by their respective governments. In some cases, governments used sovereign wealth fund assets to close budgetary gaps.

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Sovereign Wealth Fund Assets Up 9% in 2009 originally appeared on BloggingStocks on Sat, 13 Mar 2010 14:10:00 EST. Please see our terms for use of feeds.

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