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Sovereign Wealth Funds Briefing - Categorized | Market

Confindustria Head: SWFs an opportunity for Italy

Posted on 28 October 2008

From Fxstreet.com: The head of Italy’s main business lobby group Confindustria said Monday that sovereign wealth funds represent an opportunity for Italian business.

“We have to consider those sovereign funds as an opportunity to take advantage of in a moment where growth is slowing,” Confindustria President Emma Marcegaglia said at a conference in Rome. “I think there are a lot of opportunities.” She also said the Gulf countries have a very significant amount of liquidity and sovereign wealth funds will become a very important issue in the coming months….. Full Article: Source


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