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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Angola’s $5 bln fund to focus on cash investments, hotels

Posted on 24 June 2013

Angola’s $5 billion sovereign wealth fund will put half of its investments in fixed-income instruments and cash and the rest in alternative ventures including hotels, according to an investment policy.
Jose Filomeno dos Santos, a son of President Jose Eduardo dos Santos, was appointed chairman of the board of directors of the fund known as Fundo Soberano de Angola, or FSDEA, according to a statement posted on its website………………………………………..Full Article: Source


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