Thu, May 28, 2015
A A A
Welcome asarmad
RSS

Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Investment, Market

Wealth fund to invest NZ$6 bln on New Zealand assets and government bonds

Posted on 27 May 2011

Wealth Fund to invest NZ$6 billion on New Zealand assets and government bonds. China’s state-owned sovereign wealth fund, the China Investment Corporation may have set aside NZ$6 billion of its massive foreign reserves to invest in New Zealand assets, including government bonds.
The report by interest.co.nz caught traders by surprise. The market was short and many had to run to cover their bets. It sent NZD/USD flying higher over 100 pips to .81, up 1.5% for the day……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 16335 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
May 2015
M T W T F S S
« Apr    
 123
45678910
11121314151617
18192021222324
25262728293031