UK Mandelson encourages sovereign wealth fund investment
Posted on 04/08/2009
Reuters reports, “Britain would welcome investments by sovereign wealth funds to bolster its economy, Business Secretary Peter Mandelson said on Wednesday. Gulf-based investment firms have poured billions of dollars in recent years into businesses ranging from Western banks and stock exchanges to sports clubs and circus troupes. Britain’s economy will shrink by 3.7 percent this […]
