16.12.2009 - Soured investments to keep sovereign funds wary in 2010
From Reuters: The fallout from the global credit crisis is changing, or perhaps correcting, the perception that sovereign wealth funds (SWFs) or state-owned investors will always patiently ride out paper losses on their investment. Sovereign funds lost an estimated $600 billion (369 billion pounds) over the past two years as the credit crisis sent global stock markets into tailspin and large stakes in Western banks imploded......................................Full Article: Source
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