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Sovereign Wealth Funds Briefing - Categorized | Performance

Some Latin American markets show profit potential in 2009, others pose risk

Posted on 16 December 2008

From Seekingalpha.com: Chile boasts a $28 billion sovereign wealth fund, accumulated almost completely from its copper profits. That’s almost equal to a staggering 14% of the country’s GDP in cash savings!

This will enable Chile to implement counter-cyclical policies to keep growing at 3.5% to 4% next year – or about the current rate of growth, even with the worldwide meltdown….. Full Article: Source


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