17.02.2009 - SWFs "lose their appetite"
From Yoursdp.org: Cash-rich sovereign wealth funds are unlikely to come to the rescue of battered global financial markets for some time to come, according to Vanguard, the $1,000bn (694bn, 776bn) strong US fund management house. A series of Asian and Middle Eastern state-run entities have had their fingers burned after moving prematurely to snap up stakes in beaten-up western financial stocks..... Full Article: Source
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