02.07.2012 - Sovereign-wealth funds viewed as the investment world's ATMs
Sovereign-wealth funds have long been viewed as the investment world's ATMs: ready sources of cash that don't talk back. But passive has turned aggressive in the case of Qatar Holding's demand for better terms in Glencore's takeover bid for Xstrata, in which the fund holds a 10.4% stake. After the deal was agreed on, some funds that didn't like it sold out, arguably believing Qatar Holding's stake building made it more likely to happen...............................................Full Article: Source
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