20.10.2008 - SWFs may be flowing again
From Pressdemocrat.com: Government investment funds from China and Qatar are moving new money into Western financial companies, a sign that the cash-rich funds haven't completely pulled back from the volatile U.S. and European markets. The funds, often known as sovereign wealth funds, plowed about $40 billion into troubled institutions such as Citigroup Inc. and Merrill Lynch & Co. Inc. early this year but then largely avoided U.S. and European banks as the financial crisis worsened..... Full Article: Source
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