Member

Anybody who knows anything about the sovereign funds in any of the countries in the Gulf will know that they are all hard-nosed financial institutions that are getting involved in investments because they believe they can make money out of them. It is not about influence; it is about a commercial transaction—that is the point. We are getting a bit too carried away with the belief that because a foreign sovereign fund is making an investment, it is seeking editorial control—that is far from the case. I would make the point that they are reliable and secure countries.