Britain impresses wealth funds

TheCityUK says Britain has secured more inward investment from sovereign wealth funds than Germany, France and Spain combined.

The body that promotes the British financial services industry estimated Britain had attracted $68bn (£43bn), or 17%, of the world’s sovereign wealth fund investment in the six years to 2011. This was second only to the US. However, funds are now focusing more on emerging markets than mature economies. New direct investment by sovereign funds fell 25% in 2011 to $59bn.

02/02/12 Times 36, 37