28.09.2009 - Most global estimates about size of SWFs are inaccurate
From Business24-7.ae: Sovereign wealth funds (SWFs) are keeping the world guessing on the exact size of their financial resources as most of them are still resisting growing global pressure to become more transparent, according to a Saudi official. While the IMF and numerous other sources have tried to provide rough figures about the assets of those enormous investment vehicles, their estimates have remained mostly inaccurate, said Majed Abdullah Al Muneef, an advisor at the Saudi Ministry of Petroleum and Mineral Resources.....................Full Article: Source
Print