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Sovereign Wealth Funds Briefing - Categorized | Market, Research

Eurasia Capital: Mongolia lures Temasek, CIC and other SWFs

Posted on 22 December 2009

From Eurasiac.com: Mongolia is becoming an attractive investment destination for Asian and Middle Eastern sovereign wealth funds (SWFs) that seek gaining exposure to massive untapped natural resources in this frontier land, strategically located at the doorsteps of China, the world’s largest consumer of commodities.
Following the landmark deal between the Mongolian government and Ivanhoe Mines and Rio Tinto over Oyu Tolgoi (the world largest undeveloped copper-gold mine), Mongolia has captivated attention of global resource companies and investors alike. In the last three months, Ulaanbaatar, Mongolia’s capital witnessed the visits by senior executives of eight sovereign wealth funds including from China, Singapore, Korea, the UAE, Kuwait, Libya and others………………………………….Full Article: Source

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