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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

Have money, will travel

Posted on 15 March 2010

From WSJ: Sovereign wealth funds in the United Arab Emirates are emerging from the financial crisis battered but not broken and are once again making moves in global markets. But the fortunes of the country’s government-owned investment vehicles tell a tale of two cities.
In Dubai, government-owned investment firms are struggling to shed assets bought with borrowed funds amid the restructuring of billions of dollars worth of debts……………………………………Full Article: Source

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