31.08.2009 - SWFs know how to spot a bargain
From Timesonline.co.uk: There is one thing worse than big, alien, opaque and unaccountable sovereign wealth funds (SWFs) snapping up our national business treasures. That is those same funds not regarding our treasures as worthy of being snapped up. It’s not the greatest vote of confidence that so few SWFs have been rushing to buy British assets. The Chinese have been particularly stand-offish, negotiating to buy businesses in the US, Canada, Australia, Germany and India, but largely shunning the UK..............Full Article: Source
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