SWF group forms permanent secretariat
WITH AN INCREASING AMOUNT OF wealth being accumulated domestically, sovereign wealth funds are continuing their efforts to enlarge their exposures in the global markets. A group of them gathered together in Beijing earlier this month for the annual International Forum of Sovereign Wealth Funds (IFSWF), the third annual, held in Beijing on May 10–12.
Hosted by the China Investment Corporation (CIC), the IFSWF advanced on the commitments made in Sydney in 2010, discussed risk management issues relating to the emerging environment for global asset allocation,...
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