Sovereign wealth funds likely to turn to Asia (International Herald Tribune)

Story date: 2008-07-20 08:01:35
Added on: 2008-07-20 09:49:24

The trouble at Fannie Mae and Freddie Mac, the U.S. mortgage finance companies, may discourage sovereign wealth funds from buying dollar-denominated assets, but the euro is not likely to be the main beneficiary.


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