| Although the inflow of money from state-controlled investors was initially viewed with scepticism, many now hope that SWFs will help to overcome the slowdown in global M&A activities and more generally contribute to the economic recovery.
For financial service providers, such as investment bank and private equity houses, this development presents opportunities, but it also raises specific governance and compliance challenges, as illustrated by recent controversies surrounding the Libyan Investment Authority...............................................Full Article: Source |