23.04.2012 - SWFs must invest in 48 least developed countries
Over four dozen poor and least developed countries (LDCs) offer significant opportunities to Sovereign Wealth Funds (SWFs) for investments in infrastructure, agriculture and farm processing sectors. Sovereign wealth funds, including those managed by the governments of major oilexporting developing countries and by emerging economic powers such as China, have in total nearly $5 trillion in assets and it has been growing at a rate of 10 percent a year. Only a small percentage of that total, currently about $110 billion, was used as foreign direct investment...............................................Full Article: Source
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