How are SWFs faring in the current market?
Posted by Editor on August 27, 2008 at 02:54 AM
Rachel Ziemba of RGE writes (filling in for Brad Setser at his blog) that, “Reports from [Norway’s Government Pension Fund-Global and Singapore’s Temasek Holdings]… give us some clues as to how other, less transparent sovereign investors might be faring in the current market. [Apparent losses by these investors] might call into question the expected rate of growth of such funds. Furthermore they raise the question of whether the risk management operations of these funds are up to the challenge.”
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