From Asianage.com: Khazanah, the bidder for Parkway, is an emerging category of investors known as sovereign wealth funds. A sovereign wealth fund is a state owned investment fund with a mandate to invest in stocks, commodities and other assets.
SWFs have become a major source of capital around the world in the past few years, with an estimated $3,400 billion under their control, according to SWF Institute, a body which keeps tabs on these funds..............................................Full Article: Source
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