17.02.2009 - Gulf SWFs hold off spending
From Themedialine.org: The state-owned Gulf sovereign wealth funds (SWF) are waiting for the financial markets to hit the bottom before making any more substantial investments. They are also not interested in taking over management, according to a new report released by Financial Dynamics International. The SWFs are not interested in becoming majority investors and have representation on company boards. Rather, they are looking to purchase minority stakes in listed companies and become long-term, passive investors, according to the report. .... Full Article: Source