17.02.2009 - SWFs cautious toward market valuations
From Thehindubusinessline.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, a survey has said. Conducted by Financial Dynamics International (FD), a member of FTI Consulting Inc, the survey also said 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