Sovereign Stealth Funds
|Feb 3rd, 2008 | Filed under: Hedge Fund Industry Trends | By: Alpha Male||
Sovereign wealth funds have operated quietly in the shadows for many years. But all of a sudden, they have been thrust into the limelight – subjecting them to a force with which many have not yet had to contend: the media.
The website Breaking Views recently published a list of sovereign wealth funds ranked on the basis of “the potential risk they present to western interests”. The criteria: transparency, control of strategic sectors, and “political threat”.
Apparently, many of these funds remain quite secretive. In fact, some don’t even disclose their size. So you’d be excused for wondering how these funds actually conduct investment research and make allocations.
AllAboutAlpha.com has learned from a reliable source that this secrecy extends well beyond fund statistics. Representatives from one of the twenty funds listed by Breaking Views have apparently attended investment conferences using made-up company names.
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