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Sovereign Wealth Funds Briefing - Categorized | Performance, Research

Won’t get fooled again

Posted on 15 June 2009

From Business-standard.com: Sovereign Wealth Funds are trying again. Eighteen months ago, they rode to the rescue of ailing investment banks reeling from gargantuan mark-to-market losses on asset-backed securities.

Some, including the Government of Singapore Investment Corporation (GIC), got severely burned. But GIC and the Kuwait Investment Authority’s financing for BlackRock’s $13.5 billion acquisition of Barclays Global Investors should prove much less fraught………Full Article: Source


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