20.10.2009 - The top 12 SWFs - And how they are changing world finance
From Economywatch.com: Although Sovereign Wealth Funds, or SWFs, still represent a small percentage of total world finance, with the Top 12 alone holding close to $3.2 trillion in assets they are big, and you can rest assured they plan on getting bigger. With a lack of reform to western financial industries meaning that bubbles and crashes are only likely to get bigger, and with the IMF's noble idea of being a global lender of last resort still at the 'I Have a Dream' stage, exporting nations will continue to build up national reserves as a safeguard against volatility, and will want to put those reserves to work.......................Full Article: Source