SWF Radar

French report explores sovereign fund guidelines

Posted by Editor on May 22, 2008 at 07:46 AM

Thomson Reuters reports that, “Sovereign wealth funds are key investors which France needs to attract but states where such funds are based must be open to French investment in return, a report prepared for the Economy Ministry said on Thursday. Economy Minister Christine Lagarde said France would during its six-month EU presidency, which begins in July, invite representatives of sovereign funds and other European Union countries to discuss some of the report’s suggestions.”

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