There are 25 funds in the world and most are not transparent
Posted on 01/26/2008
IR magazine writes that, “The sudden interest [in sovereign wealth] has taken some by surprise. Simon Tse, an analyst in Thomson Financial’s corporate advisory services group, notes that Prince Alwaleed bin Talal bin Abdul Aziz al Saud has been Citigroup’s largest investor for 15 years: ‘No one batted an eye.’ There are reasons for concern. […]