30.04.2009 - The downturn has led most sovereign wealth funds to rethink their investment strategies
From Cnbceb.com: Once seen as pariahs of international markets threatening national strategic assets and now hailed as white knights to wobbling banks, Sovereign Wealth Funds (SWFs) have been on a rollercoaster ride in the past year. However, while their standing may have improved, SWFs are now nursing billion-euro paper losses. Faced with increasing public pressure at home to account for those losses and political demands that they should help prop up flagging domestic economies, many are now reviewing their investment strategies to protect their long-term interests.......Full Article: Source
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