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

Columbia to unveil SWF this year

Posted on 03 August 2010

From Assetinternational.com: The incoming Finance Minister Juan Carlos Echeverry said that Columbia will have a sovereign wealth fund (SWF) this year to focus on investment instruments abroad.
The incoming finance minister is studying how the fund will be managed, indicating that it could be controlled by the central bank or another state institution. The SWF’s focus on foreign investment instruments would help to thwart the rise of the peso by lowering the impact of petrodollars coming into Columbia……………………………………….Full Article: Source


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