| From Globalpensions.com: The Official Monetary and Financial Institutions Forum (OMFIM) held its inaugural meeting at the beginning of March, ostensibly to facilitate discussions between Western central banks and the ever-growing sovereign wealth fund (SWF) community (estimated to be worth well in excess of US$3trn) over how to mend the global financial system.
It has been suggested that this new forum, which is held behind closed doors, is essentially a way of helping Western authorities find buyers for the great volume of government debt they will have to issue over the next few years. But regardless of the real intentions and objectives of this meeting, it illustrates how significantly the perceptions of SWFs have changed since the start of the financial crisis.........................................Full Article: Source
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