18.05.2010 - Different roots, but similar investment strategies for SWFs
From Pionline.com: While sovereign wealth funds globally emerged under different circumstances, most are following a set of investment best practices established by the largest pension funds and endowments, according to several papers published earlier this year. According to “Sovereignty in the Era of Global Capitalism: The Rise of Sovereign Wealth Funds and the Power of Finance,” by Gordon L. Clark and Ashby H.B. Monk of Oxford University, “the primary jolt” prompting many nations to create SWFs was the 1997 Asian financial crisis.............................................Full Article: Source
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