02.02.2009 - Singapore says SWFs may play bigger role in markets
From Bloomberg: Institutional investors, including sovereign wealth funds, may play a bigger role in stabilizing the global financial system as leveraged banks and hedge funds stumble, the Government of Singapore Investment Corp. said. “With many key debt and equity real estate markets pushed to extreme under-valuations, institutional investors like pension funds and SWFs will play an important role in the stabilization and eventual recovery of asset markets,” said Tony Tan, deputy chairman and executive director of GIC..... Full Article: Source
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