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Sovereign Wealth Funds Briefing - Categorized | Market

The sovereign’s wealth fund

Posted on 04 July 2011

Let us introduce… the Sovereign’s Wealth Fund. Sort of. Going forward, Her Majesty will receive the Sovereign Grant: a percentage of net revenue from the Crown Estate. She will receive 15 per cent of net revenues for 2012-13, thus keeping her payments from the taxpayer roughly the same as under the old system. In good years “excess” revenues will be placed into a Reserve Fund.

The FT’s occasional royal correspondent Robert Shrimsely uses his column to explain the business opportunities the Fund creates for the Windsors……………………………………….Full Article: Source

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