31.08.2010 - Sovereign wealth funds are the new kings of the markets
From Newstatesman.com: The Abu Dhabi Investment Authority, still nursing its wounds after bailing out its spendthrift neighbour Dubai, is said to be bidding for the rail link between London and the Channel Tunnel. A number of secretive sovereign wealth funds (SWFs) have apparently expressed interest in buying a stake in General Motors when the company floats later this year. Whenever a major business is put up for sale, SWFs seem to be at the front of the queue..............................................Full Article: Source
Print