Money flowing into sovereign wealth funds declines to $7.4tn:
"Sovereign wealth funds are feeling the strain from lower oil prices and government raids on rainy-day funds, with the amount of money managed by state-backed investment vehicles falling slightly to $7.4tn. Between March 2015 and March 2017, the collective assets overseen by SWFs — which often owe their origins to money generated from a country’s excess oil revenues — decreased 0.5 per cent. That compares with the 14 per cent increase in the two years to March 2015, according to the Sovereign Wealth Fund Institute, a research organisation. The fall in assets has raised concerns that state funds will withdraw more money from external investment managers, which have already suffered several years of redemptions from these large investors."
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