Currency SovereigntyOBGplus
OBG talks to Simon Williams, Chief Economist, Gulf Markets, HSBC Sovereign wealth funds (SWFs) have come under scrutiny in both America as well as in Europe. Why are regulators so wary of them? Williams: A lot has been learned since the P&O Ports takeover episode. I think that the Gulf SWFs have made it very clear to US, European, UK and emerging markets that they are good quality, long-term investors…