| They could save us all. With an estimated $5tn (£3tn) in their coffers, the world’s sovereign wealth funds could bail out the UK and the eurozone, and have change to run a G20 economy.
Able to wield billions from manufacturing and commodity surpluses, their money is seductive and their investments, usually large, make eye- catching headlines on the business pages. But with so much cash at hand, level- headed finance directors could be forgiven for thinking that one of these sovereign wealth funds (SWFs) could be the answer to their investment worries...............................................Full Article: Source |