From Yorkshirepost.co.uk: As the global downturn gathers pace, sovereign wealth funds are withdrawing their reach.Once seen as a bottomless resource, sovereign wealth funds (SWFs) are now feeling the effects of the credit crunch and are seeing a rapid downgrade to their growth outlook.
Experts say the funds are withdrawing from flashy investments abroad and may be used to prop up local economies….. Full Article: Source



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