| From Reuters: It is commonly known that the mighty sovereign wealth funds industry suffered unrealised losses to the tune of $80 billion after its investments into failed Western financial institutions imploded at the height of the financial crisis.
Peter Cohan and Srinivasa Rangan, in their new book Capital Rising, paint a surprisingly dire picture of the $3 trillion industry, saying that SWFs were lacking in sufficient due diligence..............................................Full Article: Source
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