A survey on views of sovereign investments conducted in January reveals some apparent contradictions among how 'broad elites' view sovereign wealth funds.
On the one hand, 75% of elites in China rate SWFs as very or somewhat trustworthy, while hedge funds and PE firms are viewed as trustworthy by only 58% and 50%, respectively.
But on further questioning, China and Indian respondents said they would be more concerned about receiving investments from SWFs than other sources, such as private equity or hedge funds. More specifically, 97% of Chinese respondents and 60% of Indian respondents indicated that they would be much more or somewhat more concerned if a SWF invested in their...