Sovereign fund buying slides as oil falls and real estate peaks

April 2, 2015 2:48 PM

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LONDON, April 2 (Reuters) - Asset purchases by sovereign wealth funds dropped by more than 80 percent in the first quarter, with experts blaming the fall on lower oil revenues and fears that popular investments such as prime real estate may be overpriced.

Thomson Reuters data shows that sovereign wealth funds, which invest windfall revenues from oil and other exports for future generations, were involved in 27 deals worth a total of $5.1 billion.

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