26.03.2010 - SWFs get back to basics
From Qfinance.com: The financial meltdown did not just devastate Western economies. It also took large bites out of the sovereign wealth funds and inflicted some harsh lessons on those charged with running these funds, many of whom have solid careers behind them as bureaucrats and bankers rather than as mainstream investment managers. In a recent analysis of sovereign wealth funds post the crash, State Street anatomized the funds’ reactions and strategies. The report is the second on this theme by the company’s three authorities on SWFs, John Nugee, Andrew Rozanov, and George Hoguet....................................Full Article: Source
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