Financial Times FT.com

Sovereign Funds

The $2,500bn question

By Tony Tassell and Joanna Chung

Published: May 25 2007 03:00 | Last updated: May 25 2007 03:00

Highly solvent SWF seeks mutually rewarding relationship. That might sound like an advert in a singles column but it is in fact shorthand for what is rapidly becoming a huge force in global markets and economies.

A vast arsenal of money to invest in markets is fast being built up by the swelling ranks of so-called sovereign wealth funds (SWFs), schemes set to invest the growing foreign exchange reserves and savings of countries from Norway to China.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this