02.12.2008 - SWFs – setting a new standard
From Finance-magazine.com: Sovereign wealth funds (SWFs) have existed for many years and have attracted attention recently as their resources have rapidly increased. There has been much debate concerning SWFs and their position in the international financial system given their role as an important source of liquidity for global capital markets during the current financial crisis. The European Commission has promoted a common European approach to SWFs and believes that ‘as long-term investors, they will continue to bring benefits to global financial markets’..... Full Article: Source