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Huge Reserves, Emerging Market 'Challengers' and Other Forces Are Changing Global Finance
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******************************** Huge Reserves, Emerging Market 'Challengers' and Other Forces Are Changing Global Finance http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=2055 Rapidly developing economies have become drivers of change -- and sometimes disruption -- in global financial markets. That has important implications for companies in the U.S. and Europe as new players emerge, including sovereign wealth funds, state-controlled entities and acquisition-minded corporations. According to experts at Wharton and The Boston Consulting Group, these entities will increasingly look to buy assets beyond their borders, including controlling stakes in foreign companies.
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