Sovereign Wealth Funds Fear Spanish Bonds
Posted on 06/11/2012
Recently, the Abu Dhabi Investment Authority (ADIA) removed Spain from its fixed income benchmark index for Europe. In other words, ADIA will not be allocating capital to Spanish bonds any time soon. From Norges Bank Investment Management’s website, they currently hold about US$ 3 billion worth of Spanish government debt. Sovereign wealth funds like the […]
