| 31.03.2009 - At Sovereign Funds, a history of bad timing |
| From Nytimes.com: After becoming international wheelers and dealers just a few years ago, sovereign wealth funds have staged a retreat. Instead of hunting for bargains beyond their borders, many of these government-run investment pools seem to be staying close to home. That may not be surprising, judging from the conclusions of a new study to be released by the National Bureau of Economic Research, Harvard Business School and the Massachusetts Institute of Technology.....Full Article: Source |