Plans for Macau Sovereign Wealth Fund Set for 4Q 2015

Posted on 04/29/2015

Anselmo Teng Lin Seng, chairman of the Monetary Authority of Macau, expects to have plans for a sovereign wealth fund laid out by the fourth quarter of 2015. The wealth fund would invest a portion of the central bank’s fiscal reserves in a diversified portfolio. Macau heavily relies on tourism, especially in the gaming sector. […]