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Sovereign Wealth Funds Briefing - Categorized | Market

Sovereign funds look to placate their critics

Posted on 17 October 2008

From Accountancyage.com: Sovereign wealth funds have pledged to be more open and accountable, in a pitch to win over Western critics.

The wealth funds ­ estimated to hold assets worth more than $3trillion and typically owned by resource-rich countries, including China and the oil rich countries in the Middle East ­ have bought stakes in companies including Citigroup and UBS, while Zabeel investments has made an indicative offer for Charlton Athletic Football Club….. Full Article: Source


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