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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Market

States should control wealth

Posted on 21 September 2011

The head of the federal government’s Future Fund has called on the states, as owners of the nation’s mineral reserves, to empower themselves to set up sovereign wealth funds using their own mining royalties.
Fund chairman David Murray also flagged the potential to use the Future Fund as a sovereign wealth fund that could stabilise future federal budgets……………………………………….Full Article: Source


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