16.02.2009 - SWFs remain cautious toward current market valuations
From Menafn.com: The world’s most powerful global Sovereign Wealth Funds (SWFs), confirm that they are still awaiting the bottom of the market before committing to further substantial investments, according to a survey by Financial Dynamics International (FD), a member of FTI Consulting Inc, one of the world’s leading financial and corporate communications consultancies. The survey also confirmed a unanimous view that SWFs see their role as that of passive long term investors, with no desire to behave in an activist manner towards investee companies..... Full Article: Source