Thu, Jul 31, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Norway’s wealth fund pulls out of Argentina

Posted on 26 May 2014

Norway’s $870 billion sovereign wealth fund, one of the world’s largest investors, has pulled its investments out of Argentina, a top fund official said on Friday, blaming the government’s protectionist policies there.
Latin America’s No. 3 economy has been struggling to maintain investor confidence following repeated market interventions by President Cristina Fernandez and amid an ongoing legal battle over a massive debt default. Her administration also heavily regulates capital flows and imports. “We have pulled out from Argentina,” Trond Grande, the fund’s deputy chief executive, told a business seminar………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14478 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« Jun    
 123456
78910111213
14151617181920
21222324252627
28293031