| Sovereign Wealth Funds has attracted some attention this week. A sovereign wealth fund (SWF) is a state-owned investment fund composed of financial assets such as stocks, bonds, property, precious metals or other financial instruments.
Sovereign wealth funds invest globally. The Securities and Exchange Board of India (SEBI) has allowed sovereign wealth funds (SWFs) from countries having Comprehensive Economic Co-operation Agreement (CECA) with India to buy up to a maximum of 20% stake in any listed company without making the mandatory public offer..............................................Full Article: Source
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