New global power-brokers

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A helpful report from McKinsey Global Institute to get a sense of who will be pulling strings of global investment in future. Although smaller overall than pensions/insurance/mutual funds, petrodollar and Far-East Sovereign funds are large enough to have a big impact. If your business is in a sector where these groups start active investment, better hope they act wisely. One sovereign wealth fund, for example, engages in what can only be described as 70s-style corporate portfolio management, based ...

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