UK's sovereign AUM on rise
Assets under management of sovereign wealth funds increased by 18 per cent in 2007 to £1.65 trillion according to a International Financial Services London report.
The company said it expected assets of sovereign wealth funds to reach more than £2.5 trillion in 2010 and £5 trillion in 2015, with London set to be a main beneficiary of this growth.
The company said it expected assets of sovereign wealth funds to reach more than £2.5 trillion in 2010 and £5 trillion in 2015, with London set to be a main beneficiary of this growth.
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