Sunday, November 4, 2012

SWFs to pump $5trn into developing countries

Sovereign wealth funds are expected to shy away from US Treasury Bills and pump $2.7 trillion (Dh10trn) to $5trn into the developing countries by 2017 split between equities and bonds, according to World Bank estimates.
http://www.emirates247.com/business/economy-finance/swfs-to-pump-5trn-into-developing-countries-2010-09-27-1.295953

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