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Sovereign Wealth Funds Briefing - Categorized | Research

Banks and sovereign-wealth funds: Falling knives

Posted on 11 December 2009

From Economist.com: Were SWFs right to buy? They piled in far too soon. It took another year for share prices to hit bottom; despite this year’s rally, they are still below the levels when SWFs invested, typically using convertible stock.
Plenty made mistakes: Temasek, Singapore’s other state fund, sold out of Bank of America early this year, probably at a loss. Nor should the near misses be forgotten………………………………Full Article: Source


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VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


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