Crisis triggered US review of SWF stance

American attitudes to sovereign investments have softened in the wake of the credit crunch and funds should not fear a regulatory backlash once normal conditions are restored, the chairman of the US Congressional Task Force on Sovereign Wealth Funds has said.

In an exclusive interview, published in New Perspectives on Sovereign Asset Management, a new book by Central Banking Publications, Jim Moran said that he did not expect any kind of regulatory pushback following the raft of sovereign

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