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Sovereign Wealth Funds Briefing - Categorized | Market

Sovereign funds flocking to Mongolia

Posted on 23 June 2011

Eric ZurrinSovereign wealth funds, private equity and some of the world’s multi-billionaires have descended onto Mongolia to sniff out investment opportunities, as they bet the country’s booming resources sector will produce big winners, business executives said on Wednesday.
Mongolia, blessed with abundant mineral resources, sits on the doorstep of the world’s largest resource consumer, China. But getting the minerals out of the ground to its southern neighbour and elsewhere is a big challenge with no sea port………………………………………..Full Article: Source


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