| From Peacefmonline.com: The private-sector lending arm of the World Bank is leading large government-owned wealth and state pension groups into frontier markets in Africa and elsewhere where few big investors have sought to venture.
The hope is that by investing money on behalf of these deep-pocketed funds in regions they would normally shun as too volatile, they will learn to appreciate the long-term profit potential. Over the past few months, the International Finance Corp's Asset Management Company has made investments using capital from the Korea Investment Corporation, Azerbaijan's state oil fund, Dutch pension fund manager PGGM, and an unnamed fund investor in Saudi Arabia..............................................Full Article: Source
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