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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches, Market

Angola wealth fund is family affair

Posted on 27 February 2013

Criticized by political opponents and human-rights groups for its secretive finances and super-rich political elite, Angola recently set up a sovereign-wealth fund to deploy oil revenue on behalf of the poor.
While the move by President José Eduardo dos Santos has led some observers to praise the new fund as a welcome step, critics are complaining about his choice to help run the fund: his 35-year-old son…………………………………..Full Article: Source


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