Wed, Apr 23, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments, Investment, Market

Irish funding bail-out

Posted on 16 December 2008

From FT: The National Pension Reserve Fund is Ireland’s own sovereign wealth fund, established when the country was running healthy budget surpluses. It had assets under management of €18.7bn (£16.8m) at August 31.

Under the legislation, it was not envisaged that money would be drawn down until after 2025. Brian Lenihan dismisses criticism, insisting there will be no downside for the taxpayer or the pension fund from a €10bn investment in the Irish banks, claiming instead that the fund will benefit from the “upswing” in the bank shares….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 13921 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« Mar    
 123456
78910111213
14151617181920
21222324252627
282930