June 5, 2008
Who’s Afraid of Sovereign Wealth Funds?
By Sacha Kumaria
Political concerns have been raised in Europe and the US about the 2-3 trillion US dollars muscle of Sovereign Wealth Funds and the possibility that they might mask ulterior political aims but a new report for the leading think thank Policy Exchange – Who’s Afraid of Sovereign Wealth Funds? concludes that their long-term investment approach represents a positive force for global economic interdependence.
The report makes several possible policy recommendations in the UK context.