02.01.2013 - Effective take-off of Nigeria’s SWF to boost global fund assets
The news that the investment programme of the Nigerian Sovereign Wealth Investment Authority (NSIA) will finally begin in March, 2013, is set to further boost the value of Sovereign Wealth Funds (SWF) globally which, as at the end of April 2012, stood at just under $5 trillion. The ministry of finance last week said the Nigeria SWF is making progress towards becoming fully operational and that the Strategy Document which will guide its operations was ready, while its investment policy guidelines and the processes for the three fund mandate were almost finalised...............................................Full Article: Source
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