Comments on: Sovereign wealth funds: wise or fool? http://blogs.reuters.com/globalinvesting/2010/07/30/sovereign-wealth-funds-wise-or-fool/ Insights behind the investment headlines Wed, 16 Nov 2016 21:43:49 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: AshbyMonk http://blogs.reuters.com/globalinvesting/2010/07/30/sovereign-wealth-funds-wise-or-fool/comment-page-1/#comment-3726 Fri, 30 Jul 2010 14:15:29 +0000 http://blogs.reuters.com/globalinvesting/?p=3856#comment-3726 This was indeed the perception of SWFs at the time, which I think is unfortunate. But, I have to say, it strikes me as equally naive on the part of the Fed to call all SWFs “fools”. While the CIC was new to the game, others (such as those from Singapore, Kuwait, Abu Dhabu, etc.) had been doing at this for decades. And, by the way, who could have predicted the magnitude of the financial crisis at the time? Surely not the Fed…

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