Wed, Jul 8, 2015
A A A
Welcome asarmad
RSS

Sovereign Wealth Funds Briefing - Categorized | Market

Western Threats Mean Little to Putin

Posted on 25 July 2014

Russia has become deeply unpopular, even toxic. Europe and the U.S. are working non-stop on new economic sanctions, the world’s biggest sovereign wealth fund is thinking of cutting its $8 billion Russia investment, and in Holland some people are calling for the deportation of Russian President Vladimir Putin’s daughter.
Not even the intention of Norway’s $890 billion sovereign wealth fund to review its $8 billion investment in 65 Russian financial instruments, the biggest of which is a 4.6 percent stake in VTB, is a serious threat: The fund can’t sell all its holdings at once and will protect its investment unless forced to act otherwise by some extra-severe sanctions, the likes of which are not even under discussion………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 16616 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
July 2015
M T W T F S S
« Jun    
 12345
6789101112
13141516171819
20212223242526
2728293031