Have Sovereign Funds Embraced Fannie and Freddie’s New Mortgage Babies?
Posted on 12/30/2015
The answer is a partial yes. State-owned housing behemoths Freddie Mac and Fannie Mae have tapped into two major investment themes. The first theme are asset owners such as sovereign wealth funds and U.S. pensions’ unquenchable desire for fixed income yield. Whereas the likes of large wealth funds such as Singapore’s GIC go direct when […]
