Sovereign wealth funds: The new rulers of finance
Fight on for Aussie’s future prizes
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“We would like to see Korea National Pension Service making the most efficient use of its assets” |
The opportunity is clear: potential business. “Sovereign wealth funds play a big role in the Middle East and Asia and they are raising their profiles as serious global players,” says Michael Philipp, chairman of Europe, Middle East and Africa at Credit Suisse, although he adds that: “They still have not yet had the impact of other classes of investors, such as private equity or hedge funds.”
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