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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Fund Profile/New Launches

Sovereign wealth fund illegal, says Fashola

Posted on 17 May 2012

State Babatunde Fashola(SAN) said the Sovereign Wealth Fund (SWF) lacks the necessary legal backing, thereby making it difficult for governors to key into it.
He explained that until the controversial issues surrounding the fund are addressed, it will continually be seen as a high risk issue for investors………………………………………..Full Article: Source


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