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Sovereign Wealth Funds Briefing - Categorized | Investment, People

Large Asian investment ‘not surprising’ - Key

Posted on 27 May 2011

Prime Minister John Key says it is hardly surprising a Chinese sovereign wealth fund wants to invest in New Zealand.
There have been reports that a possible $6 billion is being lined up for investment in New Zealand. Market analyst Peter McIntyre, of Craigs Investment Partners said it may have caused the kiwi dollar to rise to a three year high of 81 cents against the greenback……………………………………….Full Article: Source


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