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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Investment

Putin signs ruling to invest National Wealth Fund on Russian market

Posted on 22 October 2008

From Prime-Tass: Russian Prime Minister Vladimir Putin has signed a ruling to allow the government to invest the National Wealth Fund on the Russian stock market, the government’s press service reported Tuesday.

Under the ruling, the National Wealth Fund, which accumulates a portion of the government’s oil and gas tax revenues, may be invested in Russian companies’ stocks and bonds, as well as in unit investment funds….. Full Article: Source


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