sovereign wealth funds (SWFs)

More on SWFs and top banks

We've noted that sovereign wealth funds, despite the political controversy, represent a vast source of new business of Wall Street firms. IDD fleshes out the idea a bit.

SPOTLIGHT: SWFs

New Dealogic data show that investments by sovereign wealth funds hit $25 billion in the first quarter, compared with $3.9 billion last year. SWFs accounted for about half the global volume of