09.11.2010 - Time for an SA sovereign fund: Nationalisation is discredited. Investing is not
From Businessday.co.za: The state as manager and the state as investor are very different things, as is evidenced by the rapid growth in sovereign wealth funds (SWFs) in the past two decades. Sovereign wealth funds, from Azerbaijan to Kuwait, from South Korea to Norway, are a growing and powerful presence now in international markets and in big real economies. The biggest shareholder in Daimler-Benz is the Kuwait Investment Authority. Norway’s Government Pension Fund is one of the biggest property owners in London..............................................Full Article: Source
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