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Sovereign Wealth Funds Briefing - Categorized | Trends

To be sovereign in wealth, deed

Posted on 15 November 2013

A Sovereign Wealth Fund would seem an urgent necessity in the circumstances of this economy presently and for assuring its more secure prospects of development in years and generations to come.
A Sovereign Wealth Fund, as the name suggests is a Fund deliberately established by the State (i.e. the sovereign authority) into which mainly financial resources realised in given economic activities are lodged for purposes of raising investment income for the country’s overall benefit. The sources of the funds should be explicitly defined and likewise the uses for which the fund investment income is put. I return to this issue shortly………………………………………..Full Article: Source


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