Reuters – Last year, with most of the world mired in the “Great Recession,” those outsized sovereign wealth funds amassed by governments from the likes of Abu Dhabi, Singapore and China went missing in action.
Now they’re back, and ready to reassert themselves.
With some large funds expected to turn more activist, the demands they make as shareholders of global corporations and banks have the potential to drown out many other voices. On the one hand this will help improve returns for all shareholders, but also, potentially, show them exercising unwanted and perhaps politically motivated influence.