21.05.2009 - Wealth funds aren't as wealthy after all
From CNBC: The fall in asset prices brought on by the financial crisis has shrunk the size of sovereign wealth funds belonging to oil-rich countries and Asian exporters. The funds have lost $57.2 billion on the publicly disclosed investments of $125.7 billion they have made since 2006 because of the downturn, Monitor Group, a Cambridge, Mass., consulting firm said.......Full Article: Source