20.08.2009 - SWFs could provide boost for new world reserve currency
From Efinancialnews.com: Attempts to create a viable reserve currency to challenge the global dominance of the dollar could be given a significant boost by sovereign wealth funds, which are looking to diversify their risk and shift their investment strategies towards their home markets, a report has claimed. Investment manager State Street Global Advisors, in a report published on Tuesday, said SWFs are well positioned to encourage a liquid private market in International Monetary Fund Special Drawing Rights............Full Article (Subscription Required): Source
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