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.
顾客无法抵御奢侈品牌的诱惑。主权财富基金也是如此。在一系列著名的主权财富基金投资中——包括阿斯顿•马丁(Aston Martin)和大众(Volkswagen)等汽车制造商及众多投资银行，卡塔尔主权财富基金的子公司收购伦敦哈洛斯百货商店(Harrods)只是最新的一例。但发光的不一定是金子——许多高调的体育、媒体和技术交易会证明这一点。
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