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Sovereign Wealth Funds Briefing - Categorized | Market

Gulf to the US: thanks, but no thanks

Posted on 27 October 2008

From Daily Star: As American financial giants collapsed and blue chip corporations sent out distress signals, many on the Wall Street expected super-rich Middle Eastern sovereign wealth funds (SWFs) to swoop down to acquire stakes in some of them. But such thinking has proved to be a mirage.

Contrary to popular perceptions in the West, these SWFs are both cautious and well-diversified. They’re also preparing for the post-petroleum era better than most outsiders imagine….. Full Article: Source


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VRS - who has written 13898 posts on Opalesque Sovereign Wealth Funds Briefing.


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