13.09.2012 - Russia’s new SWF seeks bond and equity exposure
Russia is planning to launch a new state-owned investment agency next year to invest the country’s oil wealth in global financial markets, finance minister Anton Siluanov tells Euromoney in an exclusive interview. The new Federal Financial Agency (FFA) will invest excess government revenue generated from high oil prices in a more diverse range of domestic and international securities, including bonds and equities for the first time, under an investment strategy similar in part to that employed by the Norwegian sovereign wealth fund (SWF)...............................................Full Article: Source
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