| From Theepochtimes.com: Sovereign wealth funds (SWFs), or government-owned investment funds, have risen in prominence in recent years among oil and cash-rich nations as a way to invest in foreign businesses.
“There are two primary reasons for the rapid appearance and growth of SWFs: the rapid increase in oil prices and the accumulation of large balance-of-payments surpluses,” according to a recently released Wharton Leadership Center study................................................Full Article: Source |