http://tinyurl.com/5rlgtk

Pools of Foreign Wealth Move Into Commodities
By David Cho
Washington Post Staff Writer
Tuesday, August 12, 2008; D01

Sovereign wealth funds, the massive investment pools run by foreign governments, are now among the biggest speculators in the trading of oil and other vital goods like corn and cotton in the

United States, according to interviews with brokers who handle their investments at leading Wall Street banks, veteran traders and congressional investigators.

 

The index allows investors to enjoy the returns of a commodity investment without actually buying futures contracts on an exchange. For this reason, the extent of their activities may be known only to the swap dealers at investment banks such as Goldman Sachs  , Lehman Brothers   and Morgan Stanley, which handle such transactions.

 

 

 

Leave a Reply

Looking for something?

Use the form below to search the site:


Still not finding what you're looking for? Drop a comment on a post or contact us so we can take care of it!