Smaller is better as sovereign funds return -study

Reuters, 22 Oct 2010
Oct 21 (Reuters) - Sovereign wealth funds are back in the market after the financial crisis, with growing numbers of transactions and a return to financial sector investment, but the pattern of their investing has changed significantly.
A new study on the activities of some 33 sovereign wealth funds (SWFs) has found that the government-funded vehicles are making smaller transactions than before and have eschewed taking stakes in international financial institutions in favour of emerging markets.
Temasek's $2.5 billion worth of investments were generally small and concentrated on natural resources in India, Chile and South Africa. Full story