Despising and Embracing Sovereign Wealth

Posted on 04/16/2012

The sheer size and reach of sovereign wealth funds steered government policymakers’ attention. In 2007, politicians asserted, “how can these governments buy up our prized national assets?” In 2012, the message was “will they buy our bonds now?” The protectionist attitude towards sovereign wealth funds has changed dramatically and it wasn’t because of the Santiago […]