14.06.2011 - Got money? The Kremlin can help
Sovereign wealth funds managing hundreds of billions of dollars are looking to diversify their risks, particularly away from the bulging debt of developed nations that might be tempted to inflate, or even default, their way out of trouble. Experts say the fund, with its inbuilt political insurance, is designed to meet their needs. "It's a very innovative and creative way to tap into long-term investors," said Ashby Monk, co-director of Oxford University's analytical Sovereign Wealth Fund Project. "If I were looking for a partner for private equity investments in Russia, the Kremlin would be top of my list.".............................................Full Article: Source
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