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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Market

SWFs have their role in crisis

Posted on 14 October 2008

From Chinapost.com.tw: Sovereign wealth funds, the state investment vehicles that are flourishing during a boom in commodities prices, could play a role in the current financial crisis, World Bank chief economist Justin Lin said.

“They have the capital and now we have the situation,” said Lin, a Peking University professor who took up the bank post in June. “Certainly the sovereign wealth funds can play some function,” he said….. Full Article: Source


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