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Sovereign funds pull US$38b from global markets in 2016

Redemption rate slows down to US$5b in Q4, after Q3 2015 peak of US$20b


SOVEREIGN wealth funds (SWFs) pulled US$37.8 billion from global stock and bond markets in 2016, data from research firm eVestment showed on Monday, although fourth-quarter flows showed a slowdown in the rate of redemptions.

Oil-backed SWFs have been under pressure since oil...

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