Tue, Mar 3, 2015
A A A
Welcome preal121
RSS

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

S Korea sovereign fund won’t buy more Bank of America shares for now

Posted on 29 September 2011

Korea Investment Corp. has decided not to buy more Bank of America (BAC) shares for now amid increasing criticism over significant valuation losses arising from its investment in the U.S. banking giant, people familiar with the matter said Wednesday.
South Korea’s sovereign wealth fund will assess developments in global financial markets and BoA’s share price movements before making any decision, one of the people told Dow Jones Newswires……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 15819 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
M T W T F S S
« Feb    
 1
2345678
9101112131415
16171819202122
23242526272829
3031