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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Investment, Market

Crisis pushes SWFs to go domestic

Posted on 24 October 2008

From Reuters: Sovereign wealth funds, once feared as the lions of global finance, are looking more like lambs now that the credit crisis has them shoring up domestic banks rather than gobbling up choice Western assets.

Investing at home rather than abroad is a big shift for these state-run agencies that control trillions of dollars and could signal a long-term shift in their strategy….. Full Article: Source


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