28.01.2011 - IMF says some sovereign funds too quick to change asset policy
From Bloomberg: Some sovereign wealth funds may have been too quick to alter their investing policy during the financial crisis, the International Monetary Fund said in a report posted yesterday on its website. Sovereign wealth funds have “substantial” capacity to play a stabilizing role in international capital markets because of their size and long-term investing strategy, the Washington- based lender said..............................................Full Article: Source
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