| The government does not propose to set up a Sovereign Wealth Fund for the pension sector. "At present, there is no proposal under the consideration of the Department of Economic Affairs in the Ministry of Finance to set up a Sovereign Wealth Fund," Minister of State for Finance told the Parliament.
A sovereign wealth fund (SWF) is a state-owned investment fund investing in real and financial assets such as stocks, bonds, real estate,precious metals,or in alternative investments such as private equity fund or hedge funds.........................................Full Article: Source
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