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Sovereign Wealth Funds Briefing - Categorized | Market, Trends

Group for sovereign wealth funds says they foster global stability

Posted on 13 May 2011

Representatives of the sovereign wealth funds of China, Australia, Russia and other governments defended the funds against criticism they use their investments for political ends, saying Thursday that they are a force for global stability.
At the end of a two-day meeting, representatives to the International Forum of Sovereign Wealth Funds said such funds should be treated as normal investors so long as they disclose their government mandate and act as commercial entities……………………………………….Full Article: Source


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