Sovereign wealth funds picked up their pace of spending in the second half of 2009 after an extended period of retrenchment during the global financial crisis, a recent study said.The last two quarters of 2009 accounted for 85 percent of what the funds publicly invested during the year, the study said.
The most active funds, in terms of the number of deals, were the China Investment Corp (CIC)[CIC.UL] and the Government of Singapore Investment Corp [GIC.UL], making 17 and 18 publicly reported investments, respectively. Full Story
