Crisis reshapes role of sovereign wealth funds
State Street notes that SWFs are reassessing their priorities and objectives in the wake of the crisis and following a change in public perception about their role.
The global financial crisis has dramatically altered the investment and political environment facing sovereign wealth funds, according to State Street's latest report of SWFs. State Street released yesterday its latest Vision Series report examining the impact of the financial environment on sovereign wealth funds. Titled Sovereign Wealth Funds: Emerging from the Financial Crisis, the report assesses the funds' short- and long-term outlook, from investment opportunities to corporate governance issues.
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