| From Europeanceo.com: Sovereign Wealth Funds, the much maligned investment arms of nation states, are seeing a change of fortune. Long unpopular in the West, the wealth contained in Asian SWFs is now being targeted as a way to boost investment in flagging economies.
Rise of the big savers…There’s nothing quite like a financial meltdown to change national attitudes towards foreign investment. Just 18 months ago, the sovereign wealth funds were regarded with suspicion by countries like the United States and with outright hostility by Germany, France and Italy..... Full Article: Source
|