Wed, Jul 6, 2022
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

Libyan sovereign fund happy with investments in Italy

Posted on 02 October 2015

The Libyan Investment Authority (LIA) is happy with its investments in Italy and intends to keep its stakes in blue-chip companies such as UniCredit and Eni, the chairman of the sovereign fund told Reuters on Wednesday. Set up in 2006 to manage Libya’s oil revenue surplus, the LIA is the largest sovereign wealth fund in Africa.
But four years after the fall of Muammar Gaddafi, Libya is in turmoil with two rival governments and their armed forces battling for control, creating uncertainty over its investments. The LIA is also at the centre of a bitter power struggle………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
July 2022
M T W T F S S
« Nov    
 123
45678910
11121314151617
18192021222324
25262728293031