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

Malaysia to take lead in establishing supra-sovereign wealth fund

Posted on 25 October 2010

From Bernama: Malaysia will take the lead in facilitating the establishment of the Supra-Sovereign Wealth Fund (SSWF) in its bid to attract large amounts of sovereign wealth funds from prosperous Islamic countries.
Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah said Malaysia will act as a co-sponsor and initiate meetings with three identified Organisation of Islamic Conference (OIC)countries, to also become co-sponsors of the SSWF in a move to hasten its the establishment……………………………………….Full Article: Source


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