Frequently Asked Questions About Sovereing Wealth Funds
Western politicians, business leaders and commentators seem paranoid about
state-owned sovereign wealth funds (SWFs), particularly those from the
Middle East and China. They fear that SWFs follow strategic political
objectives -- investing in Western companies and banks to secure control
of strategically important industries such as telecommunications, energy
and banking -- rather than commercial interests.
A protectionist backlash against sovereign wealth funds is fast emerging: