SWFs: fast becoming an unaffordable luxury

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SOVEREIGN WEALTH FUNDS

SWFs: fast becoming an unaffordable luxury

Issue: 1083 - 2 December 2008

Have fortunes ever turned around so quickly? Sovereign wealth funds, the great hope for financial markets just a few months ago, are now suffering under losses on recent risky investments. Worse, economic reality has caught up with them and removed much of their raison d’etre. ..

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