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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

SWFs from Asia to shun Western institutions

Posted on 15 December 2008

From Telegraph: Western institutions should abandon all hope of Asia’s wealthy sovereign wealth funds coming to their rescue any time soon, the head of Standard Chartered’s Asian operations has warned.

China Development Bank and Temasek, the Singaporean state investment fund, have lost around £2bn between them after two capital injections into Barclays…. Full Article: Source


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