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

Russia to invest $10 bln in fund

Posted on 22 March 2011

Russia will invest $10 billion in a new direct investment fund it is setting up to attract foreign investment in an attempt to help modernize the economy, a government official said Monday.
The Kremlin is betting that foreign investors will be more likely to invest in Russian business with the state as a partner, a possible safeguard against loss……………………………………….Full Article: Source


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