Sovereign investor flows to global markets turn net positive in Q1 | ZAWYA MENA Edition:
"Sovereign wealth fund (SWF) flows to stock and bond strategies managed by external asset managers turned net positive in the first quarter for the first time since 2014, data from research firm eVestment showed on Tuesday.
A net $4.3 billion was placed with third-party fund managers by sovereign investors in the first three months of 2018 compared with a net outflow of $8.3 billion in fourth quarter 2017, ending 14 consecutive quarters of net outflows.
The figures from eVestment, which collates data from about 4,400 firms managing money on behalf of institutional investors, showed that allocations to non-U.S. passive equity strategies were the main driver of the change."
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