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Mistrust lingers over 'politically motivated' SWFs

Despite riding to the rescue of the world's biggest banks during the financial crisis, and having trillions at their disposal, sovereign investment is still being treated with caution

Sovereign Wealth Funds are increasingly being perceived as investors motivated by political objectives, according to the results of a global poll of attitudes to SWFs, with Russia and China among those considered the most likely to have hidden agendas.

The Sovereign Brand Survey, conducted by consultants Hill & Knowlton and Penn Schoen Berland, interviewed "national elites" - including decision makers, top earners, and graduates - from nine countries on 19 SWFs and found that the perception of a SWF was closely linked to that of its country.

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