| From Zawya.com: Several Asian and Middle Eastern sovereign-wealth funds, including those of China and Dubai, are planning to create their own hedge funds to seek better returns on their nations' accumulated wealth, two people familiar with the situation said.
One of these people said South Korea's Korea Investment Corp and Singapore's Temasek Holdings are two other sovereign-wealth funds setting up their own shops with assets ranging between $1 billion and $4 billion..............................................Full Article: Source
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