13.06.2011 - Bill Jamieson: Hot agenda as world's investment giants set sail for Edinburgh
Sovereign wealth funds (SWF) are the giant aircraft carriers of global financial markets. Together these government-owned funds - investing in assets such as bonds, fixed-interest stocks, equities, property, precious metals, land and commodities - have an aggregate net worth estimated at between $3,600 billion (2,200bn) and $3,800bn. Both their size and their modus operandi are difficult to assess. Some are transparent. Others are swathed in secrecy. But they can wield enormous financial power..............................................Full Article: Source
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