[PEN-L] "Sovereign wealth funds"

2007-05-26 Thread Marvin Gandall
China's recent purchase of a $3 billion stake in the US hedge fund Blackstone and its plans to recycle hundreds of billions of its USD and other foreign exchange reserves into global equity and real estate markets has drawn excited attention by the financial press to the proliferation and rapid gr

[PEN-L] Sovereign Wealth Funds

2007-06-24 Thread Sabri Oncu
The Next Globalization Backlash Wait Till the Kremlin Starts Buying Our Stocks By Sebastian Mallaby Monday, June 25, 2007, Washington Post The next globalization battle lurks over the horizon, but you can already guess its contours. It will be shaped by two revolutions in finance and business: