Sat, Jul 4, 2015
A A A
Welcome asarmad
RSS

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

Russia’s Medvedev says govt to quit sovereign investment fund in 7-8 years

Posted on 31 March 2011

The Russian government should ditch its sovereign fund, which it is creating to lure foreign direct investment, in seven to eight years, President Dmitry Medvedev said on Wednesday.

“The state must not take part in the management of such a fund and must necessarily guarantee withdrawal from the company’s capital in about seven or eight years… The fund will be managed by a team of investment market professionals,” Medvedev said………………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 16594 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
July 2015
M T W T F S S
« Jun    
 12345
6789101112
13141516171819
20212223242526
2728293031