SWFs muscling in on funds business

Reuters, 3 Mar 2010
SINGAPORE/BEIJING (Reuters) - Sovereign wealth funds, currently a big source of capital for private equity and hedge fund managers, may increasingly become their competitors as they seek to manage assets for outside investors.
Singapore wealth fund Temasek Holdings TEM.UL recently set up and seeded a multi-billion-dollar investment firm that will eventually take money from institutional investors as well as the city-state's citizens. Full Story