JORY, Surendranath; PERRY, Mark; HEMPHILL, Thomas A. - In: Review of Economic and Business Studies (2009) 4, pp. 103-123
Starting in 2007, Sovereign Wealth Funds (SWFs) from Asia and the Middle East have invested billions of dollars in major U.S. financial firms. The primary driving force behind their growth is rising commodity prices, in particular oil. Given that SWFs represent a relatively new, cash-rich...