From FT: Six months ago, a ferocious debate raged in Washington and European capitals over whether sovereign wealth funds should be allowed to buy up swathes of the corporate west.
Often this talk boiled down to fears over national security. Oh, to have the luxury of such concerns today. Now the issue is not that these funds might be buying but that they might stop buying – or even sell. Lex chartNeither is unthinkable. Many SWFs have been hit by a double whammy….. Full Article: Source