Effects of U.S. Currency Depreciation on Sovereign Wealth Funds
Posted on 02/28/2008
As the U.S. dollar declines relative to other currencies, many sovereign wealth funds are finding U.S. companies rather inexpensive. Already many sovereign funds, such as the China Investment Corporation (CIC), have taken significant stakes in U.S. brand name financial institutions like Morgan Stanley, while other sovereign funds have invested in technology firms like Advanced Micro […]
