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Financing in the Current Climate

Ben Eaton, Counsel, and Gareth Banfield, Senior Associate, in Allen & Overy LLP's tax department, continue our series on financing in the current climate and look at sovereign wealth funds

 
Ben Eaton Counsel and Gareth Banfield Senior Associate in Allen & Overy LLP's tax department continue our series on financing in the current climate and look at sovereign wealth funds
 
Sovereign wealth funds have seemingly become more prominent in recent years but they are not a new phenomenon: the Kuwait Investment Authority for example has been around for more than 60 years. They are helping to fund the current need for capital particularly by the banks but what are they why they are important in the current climate why are they different from any...

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