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Sovereign Wealth Funds May Sell $404 Billion of Equities

  • Largest funds held $3.04 trillion of stocks at end of 2015
  • Direct investments dropped to about $114 billion last year
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Sovereign wealth funds may withdraw $404.3 billion from global stock markets this year if crude prices stay between $30 to $40 per barrel as oil-rich nations seek to shore up their finances, according to the Sovereign Wealth Fund Institute.

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