04.10.2012 - The 20 sovereign wealth funds that are buying up the world
Governments with extra money laying around have become major players in the global financial markets through their sovereign wealth funds. These are the gigantic state-owned funds that invest in stocks, bonds, and various other investments like private equity and hedge funds. And these investments are often international. Barely a day goes by without a major multi-billion dollar fund from one petro-state or another making some splashy acquisition just this past weekend, Bloomberg's Josiane Kremer reported Norway's sovereign wealth fund plans to sink its teeth into U.S. real estate...............................................Full Article: Source
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