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Sovereign Wealth Funds Briefing - Categorized | Market, Reserve Currencies

India: Time to debate policy on SWFs

Posted on 29 January 2010

From Livemint.com: As India invests its substantial reserves in somewhat marginal securities, the question that inevitably comes to mind is whether a small fraction of this ought to be diversified into a more strategic form through a sovereign wealth fund.
One of the great economic changes of our age has been the dramatic surge in the external accounts of developing nations. Since the early part of this decade, developing nations have run giant surpluses of at least $500 billion (Rs23 trillion) a year………………………………..Full Article: Source

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