23.10.2012 - Angola's new sovereign wealth fund eyes Asian assets
A newly-launched sovereign wealth fund from Africa's second-biggest oil producer - Angola - may be looking to invest in Asian assets. The fund, which was launched on October 17, has an initial asset size of about US$5 billion. Fundo Soberano de Angola will pursue a diversified portfolio across a number of industries and asset classes, including stocks, bonds, foreign currencies, financial derivatives, commodities and real estate and infrastructure funds. While the fund hopes to retain a "strong focus" on the domestic market, it will also be investing internationally, with key interests in emerging economies...............................................Full Article: Source
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