Shoppers can’t resist fancy brand names. The same is true for sovereign wealth funds. The acquisition of Harrods, the London department store, by a subsidiary of Qatar’s sovereign wealth fund is just the latest in a string of prestigious SWF-backed investments, which include carmakers Aston Martin and Volkswagen, and a host of investment banks. But everything that glitters is not gold – as many high-profile sports, media and tech deals will attest.
顧客無法抵御奢侈品牌的誘惑。主權財富基金也是如此。在一系列著名的主權財富基金投資中——包括阿斯頓?馬丁(Aston Martin)和大眾(Volkswagen)等汽車制造商及眾多投資銀行,卡塔爾主權財富基金的子公司收購倫敦哈洛斯百貨商店(Harrods)只是最新的一例。但發光的不一定是金子——許多高調的體育、媒體和技術交易會證明這一點。
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