23.10.2008 - Credit crisis sharpens focus on SWFs
From Riskmetrics.com: Conventional wisdom held that the global credit crisis would alter views on sovereign wealth funds (SWFs). Such investment was to be seen as less of a concern by many Western politicians, financial market participants, and others, who just six months ago loudly touted the need to curb such funding over perceived potential risks related to their lack of transparency and government ownership. Indeed, the global liquidity crisis has to some degree worked to mute the voice of those who opposed sovereign wealth fund investment in U.S. and European companies, as corporate issuers from New York to Zurich scramble for much-needed capital..... Full Article: Source