Netinflowsfor the year were US$3.2 billion, including US$2.6 billionof incremental netassets under management acquired with SGAMUK during the year and net inflowsintoGLG's long-only strategies.
But the real winner in this battle may be Carlos Slim Helu Carlos Slim Helu , the Mexican telecommunications magnate who managed to turn his stake in a struggling long-distance company into over a billion dollars.
While there has always been a rush for investment in government bonds and corporate bonds, the sub-limits and restrictions had resulted in a situation where very little was money was flowing into the long-term bonds of infrastructure companies, where investment was earlier capped at 25 billion dollars.