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More reserves should flow into SWFs, says State Street

Sovereign wealth funds shifted towards more passive strategies and increased equity exposures last year, according to a recent survey. But there is potentially a lot more for them to invest.

In line with what one might expect, sovereign wealth funds (SWFs) saw substantial asset growth during 2009, according to a non-scientific poll by US asset manager State Street Global Advisors (SSgA).

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