| 23.07.2008 - Chrysler Building may be SWF aberration as funds turn away from west |
| From Bloomberg.com: William Pesak asks in a Bloomberg opinion piece, "Could the purchase of the building that was the world's tallest until 1931 be more an aberration than the start of a new eyebrow-raising trend?"; His answer: "Yes, at least in the medium term. The reason: Sovereign wealth funds and other pools of affluence created by surging commodity prices are moving their focus more and more away from the West."... Full article: Source |