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Sovereign Wealth Funds Investment Slows Dramatically, WSJ Says

Oct. 20 (Bloomberg) -- Sovereign wealth funds worldwide dramatically cut their investments in the first half of this year, the Wall Street Journal reported, citing a report by Monitor Group of the U.S. and Italy’s Fondazione Eni Enrico Mattei.

Investment for the first half of 2010 was $22 billion, a sharp drop when compared to the last half of 2009, when it was $58 billion, the newspaper said.

Story link: {NSN LAKU6R6MBOQP<GO>}

To contact the editor responsible for this story: Chris Peterson at cpeterson@bloomberg.net

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