As per a study by LS Global Advisory Group, Chinese and South Korean sovereign wealth funds (SWFs) have boosted global equity investments through external advisers in the past two years. The study also revealed that in-house managed equity portfolios have not increased during the period.
The SWFs, which aim to capture gains in developed and developing equity markets, are appointing specific types of investment advisers, depending on the particular country they are investing in. Some such advisers include Nomura Asset Management, Morgan Stanley Investment Management, JP Morgan Asset Management and State Street Global Advisors.
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