| 26.04.2010 - Sovereign wealth funds tend to drag companies down |
| From Gulfnews.com: Companies do badly after foreign sovereign wealth funds (SWFs) buy their shares, according to new research that points to the funds' hands-off approach as the source of the problem. When an SWF invests, the target company's share price often jumps in the days surrounding the investment, the research found, but over the following year or two, the share price significantly underperforms its peer group.......................................Full Article: Source |