No Rush to End Brazil’s Sovereign Fund

Brazilian Finance Minister Henrique de Campos Meirelles told the public there is no rush to end the country’s sovereign wealth fund. The previous week Meirelles indicated the wealth fund’s termination was to be immediate. However, this week held a different tune, Meirelles emphasized there is no immediate rush to sell shares of the Banco do Brasil. Most of the wealth fund’s assets are shares in the bank.

View Investor Profile – Sovereign Fund of Brazil

Banco do Brasil shares sold by the Sovereign Fund of Brazil would be small and planned to not impact the market, according to Brazil’s Finance Minister.


Contact the writer or creator of this article or page.
Questions or comments: support(at)swfinstitute(dot)org
Follow on Twitter at @swfinstitute and @sovereignfunds
Learn, Attend and Network: Institutional Investor Events and Summits
Go Back: HOME: Sovereign Wealth Fund Institute
 
institutional investor investment mandates