Sun, Mar 1, 2015
A A A
Welcome preal121
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 15806 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
M T W T F S S
« Feb    
 1
2345678
9101112131415
16171819202122
23242526272829
3031