From Reuters: The fallout from the global credit crisis is changing, or perhaps correcting, the perception that sovereign wealth funds (SWFs) or state-owned investors will always patiently ride out paper losses on their investment.
Sovereign funds lost an estimated $600 billion (369 billion pounds) over the past two years as the credit crisis sent global stock markets into tailspin and large stakes in Western banks imploded………………………………..Full Article: Source