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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

SWFs warm up to billion dollar deals again

Posted on 22 October 2008

From Bloggingstocks.com: When the global markets entered the credit crunch, sovereign wealth funds (SWFs) funneled billions of dollars into a variety of struggling companies, especially financial institutions like Citigroup and Merrill Lynch.

Alas, the transactions have shown tremendous losses. True, SWFs are focused on the long-term, which may extend into decades. But the extent of the losses were certainly jarring…. Full Article: Source


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This post was written by:

VRS - who has written 15271 posts on Opalesque Sovereign Wealth Funds Briefing.


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