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

GCC launches a Sovereign Health Fund for Bahrain and Oman

Posted on 11 March 2011

From FT Alphaville: You’re familiar with SWFs — and the damage they can cause in the wrong hands — but on Thursday Bloomberg carried news of what we’ll call a Sovereign Health Fund (SHF):
The Gulf Cooperation Council plans to set up a fund worth more than $10 billion, Kuwait’s foreign minister said, to help the rulers of Bahrain and Oman appease popular protest movements……………………………………….Full Article: Source


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