John Nugee, head of the official institutions group at State Street Corp., and Alastair Newton, senior political analyst at Lehman Brothers Holdings Inc., talk with Bloomberg's Nigel Stevenson in London about State Street's report about the evolution of sovereign wealth funds. The report estimates the funds, which own about $3 trillion in assets, may almost triple their investments in the next five years as oil and gas prices surge.
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Added: Jul 23, 2008 |
| Category: Business |
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