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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Market

Irish proposal will change sovereign fund’s initial purpose, says IAPF

Posted on 26 November 2010

From IPE: Ireland’s National Pensions Reserve Fund (NPRF) has seen its original purpose of supporting future retirees change in light of the ongoing crisis, Jerry Moriarty of the Irish Association of Pension Funds (IAPF) has said.
Moriarty, director of policy at the lobbying organisation, was speaking after the Irish government unveiled proposals that would allow the NPRF to invest in Irish bonds for the first time, so far forbidden under the sovereign fund’s investment guidelines……………………………………….Full Article: Source


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