Monday, June 30, 2008

SWFS EXAMINED

Tomorrow at 2 pm I'll be hosting a discussion on some of the myths surrounding Sovereign Wealth Funds and the opportunities at hand for delegates.

Some initial discussions with the panellists have drawn a tentative view that the rise of vast state funds should be result in a net benefit; but there remains a fear that fund managers will only have a brief time in the spotlight before SWFs bring expertise back in house as quickly as they can.

Our reporter Claire Milhench took a look at this issue last month. You can read her piece here:

INTERVIEW SWFs will diversify investments, but fund managers may miss out

Another issue likely to figure in the debate on Tuesday will be potential conflicts of interest faced by those funds underpinned by soaring oil revenues. There was a timely piece yesterday in the Sunday Times which highlights one angle on this story; you can read it here:

Double boon for oil nations from the soaring price of crude

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