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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches, Market

SWF funds see assets grow by US$7.22bln in 2008 - Chile

Posted on 05 February 2009

From Bnamericas.com: Chile’s government two sovereign wealth funds (SWFs) grew by US$7.22bn last year as a result of a prudent investment policy, the finance ministry said. Currently, almost all these funds are invested in sovereign bonds and money market financial instruments.

The country’s stabilization fund had US$20.2bn as of December 31, 2008 or US$6.18bn more than at the same date in 2007. Returns on funds represented US$1.18bn of that increase, while the government chipped in with US$5bn….. Full Article: Source


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