Why is IMF meddling with sovereign wealth?

May 01, 2008

The US is full of kings and queens, so the IMF won't get far

Last month's IMF announcement stating that it is developing best practice guidelines for sovereign wealth funds has received a muted response.

"The current economic climate is a perfect storm for political discussion to happen in public. The IMF is a voice in the discussion, but a relatively small voice," said John Douglas, regulatory partner at...

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