24.06.2013 - Angola’s $5 bln fund to focus on cash investments, hotels
Angola’s $5 billion sovereign wealth fund will put half of its investments in fixed-income instruments and cash and the rest in alternative ventures including hotels, according to an investment policy. Jose Filomeno dos Santos, a son of President Jose Eduardo dos Santos, was appointed chairman of the board of directors of the fund known as Fundo Soberano de Angola, or FSDEA, according to a statement posted on its website...............................................Full Article: Source
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