Mon, Nov 24, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Wealth funds have sought out Green Investment Bank

Posted on 07 March 2014

The Green Investment Bank (GIB) should eventually open up to outside investment and has already been approached by sovereign wealth funds, chairman Lord Smith of Kelvin said. He also said he would like to diversify beyond equity investing into asset management and banking.
He said that, perhaps in ten years, the board could ask the government to sell down its stake in the bank. He said the GIB would not compromise its guiding principle to invest in the low carbon economy, saying such investments are already viable and will become more attractive. He added: “Sovereign wealth funds have approached us saying ‘can we buy equity’?”……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 15247 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« Oct    
 12
3456789
10111213141516
17181920212223
24252627282930