20.10.2008 - SWFs could help volatile markets
From News-leader.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 have since largely avoided U.S. and European banks as the financial crisis worsened. Any renewal of interest from the sovereign funds could provide much-needed capital to Western financial institutions and other companies..... Full Article: Source