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Sovereign Funds Pull $18.4 Billion From Global Markets In First Quarter 2017

FYI: Sovereign wealth funds pulled $18.4 billion from global stock and bond markets in the first quarter of 2017, notwithstanding robust equity gains in this period, data from research firm eVestment showed on Thursday,

Oil-backed sovereign wealth funds (SWFs) have been under pressure since oil prices LCOc1 tumbled from their mid-2014 highs of $115 to around $52 a barrel, with governments tapping state funds to close budget gaps
Regards,
Ted
http://www.reuters.com/article/us-global-swf-flows-idUSKCN18E14U

Comments

  • Oh!....Investors pulling their money out at the wrong time! What are we to do? Oh wait. Sovereign funds are not idiots, it's only individual investors. Now we know why we don't see periodic articles on how Sovereign funds are their own worse enemy. Their troubles are very different than those of individual investors.
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