| Sovereign-wealth funds have largely been welcomed by companies as reliable passive investors and strategic allies.
But Qatar Holding's demand for better terms for Glencore's proposed merger with Xstrata has stunned both the companies' managements and markets, raising fears such funds may be entering a new phase of activism. That looks unlikely: No sovereign-wealth fund has previously opposed such a major deal so vocally, says Roubini Global Economics...............................................Full Article: Source
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