18.06.2013 - The transformation of Ireland's NPRF into a SDSWF
Irish Finance Minister Michael Noonan along with other senior public officials provided key updates regarding the NTMA Amendment Bill 2013. The bill would modify the direction of the National Pension Reserve Fundís Ä6.4 billion discretionary portfolio toward Irish commercial investments. In effect, the remaining part of the sovereign pension fund would transform itself into a strategic development sovereign wealth fund (SDSWF). The SDSWF would be called the Ireland Strategic Investment Fund (ISIF)...............................................Full Article: Source
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