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Sovereign wealth funds... nationalisation in disguise

Alf Young on Thursday: It's not nationalisation as we used to know it. However, the Abu Dhabi Investment Authority�s decision this week to write a $7.5bn cheque to the troubled US banking behemoth, Citigroup, is part of an accelerating global investment trend.

It's not nationalisation as we used to know it. However, the Abu Dhabi Investment Authority's decision this week to write a $7.5bn cheque to the troubled US banking behemoth, Citigroup, is part of an accelerating global investment trend.