07.08.2008 - IIF's George Abed on the context in which SWFs operate, their diversity and their impact
From FT.com: George T. Abed, special advisor to the Institute of International Finance (IIF) managing director, and director of the IIF’s Africa and Middle East department, in the Financial Times that, “Unless one has spent the past year on Mars, one cannot have escaped the debate on sovereign wealth funds. SWFs have been criticised, defended, feared, welcomed, studied – but never ignored. Often the debate has cast more heat than light. Three aspects in particular merit clarification: the context in which SWFs operate, their diversity, and their market impact... Full article: Source