23.05.2011 - War of sovereign funds
Korea Investment Corporation (KIC) aims to expand assets to $100 billion to join 'premier league' By Kim Jae-kyoung A war without gunfire is looming larger and larger. There is a heated competition brewing between major powers and emerging forces over dwindling energy and other natural resources and eventually the expansion of their economic territories. At the center stage of the war are sovereign wealth funds (SWF) representing each country, a pool of money derived from a country's reserves, which is set aside for investment purposes..............................................Full Article: Source
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