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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Investment

Russia sovereign fund may invest in Aussie, Canadian dollar

Posted on 14 August 2013

Russia may expand the list of assets where it may invest state cash by adding new positions to National Welfare Fund (NWF) investments, draft proposals published by the Finance Ministry showed on Tuesday.
The fund, which stood at 2.86 trillion roubles ($86.7 billion) as of Aug. 1, may already be invested in euros, U.S. dollars, pounds or the treasury bonds of 13 countries, including the United States, Canada, European Union………………………………………..Full Article: Source


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