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Sovereign Wealth Funds Briefing - Categorized | Market

$4tn SWFs group eyes London for HQ

Posted on 08 February 2013

London is set for a boost in its bid to remain the world’s global financial centre thanks to the interest of an association of large sovereign wealth funds. The International Forum of Sovereign Wealth Funds, a group of 24 funds led by China, Russia and the Gulf States that have combined assets of around $4tn, is planning to set up a permanent secretariat, with many members favouring London.
“Our members are considering London. We will make a decision soon,” Jin Liqun, chairman of the forum and of the China Investment Corporation……………………………………….Full Article: Source


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