Only 32% Mena-based SWFs invest in region-focused hedge funds
Thursday, April 9, 2009 : PermalinkZawya.com – Although nearly half of all sovereign wealth funds (SWFs) are based in the Middle East and North Africa region, only 32 per cent of them invest in Mena-focussed hedge funds, new data has revealed.
Almost all of the SWFs known to be investing in hedge funds pursue a global investment strategy.
North America, as a mature and large hedge-fund market, is also a popular destination for investments in this asset class, with most of the larger SWFs, including the large Mena funds, targeting hedge funds there, a report by Preqin said.
Tags: asset class, global investment strategy, investing in hedge funds, investments, middle-east, north africa region, north-america
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