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Sovereign Wealth Funds Briefing - Categorized | Market

World economy will be built of Bric

Posted on 22 December 2008

From Scotsman.com: Even if the oil price stays at only $60 a barrel over the next five years, the assets held by sovereign wealth fund could increase five-fold to as much as $15 trillion by 2013.

Adrian Cooper, a senior economic advisor to Item Club, said the increase would make the funds “an even more significant factor in global financial – and political – dynamics”….. Full Article: Source


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