SWF Radar

State Street: SWFs to move to "broad indexing" to achieve asset-class diversification

Posted by Editor on September 02, 2008 at 04:18 AM

Asian Investor reports that, “Sovereign wealth funds are expected to take up index investing in order to achieve broad diversification in equities, with direct or strategic investments becoming relatively fewer as a proportion of rapidly growing assets under management. So concludes State Street Global Advisors, which is a leading provider of index funds to institutional investors.”

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