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The Guardian is reporting that foreign sovereign wealth funds are increasing investment in London hedge funds, in particular funds of funds. The capital increase is coming at a good time for the hedge funds as the credit crunch has decreased debt funding. The magazine Hedge Fund Manager Week is reporting that sovereign wealth funds are on average looking to increase alternative investment allocations from 1% to 10% of total portfolio assets.

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  •  
    Woner if the Saudis and other OPEC sovereign wealth funds are buying oil futures causing the oil bubble to swell even more.
    2008 Jul 02 10:26 AM | Link | Reply
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    would not surprise me.
    2008 Jul 02 10:15 PM | Link | Reply
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