| The world's estimated $1.5 trillion worth sovereign wealth funds (SWFs) need to shift their investment focus. Rather than going for a buying spree, these funds have to be channelled to more 'productive' ways that would help countries grow sustainable ways, a UN body adviser has said.
Talking to The Peninsula yesterday, Kobsak Chutikul, Interregional Adviser, Office of the Secretary General, United Nations Conference on Trade and Development (Unctad) said SWF has great potential to fill the gap in development and help countries grow sustainably...............................................Full Article: Source
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