Funds transparency woes could worsen

Forbes.com
3 Mar 2008
AFX News Limited

WASHINGTON (AP) - As foreign government-run funds increasingly invest in U.S. companies through unregulated private-equity or hedge funds, they're attracting a lot more of the very kind of political attention they wish to avoid.

Asian and Middle Eastern governments are putting piles of cash they've earned from higher oil prices and burgeoning trade supluses into U.S. companies through so-called sovereign wealth funds.

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