Big Dreams: Mauritius to Set Up $500 Million Sovereign Wealth Fund

Posted on 11/21/2010

The island nation of Mauritius has ambitious plans to create a US$ 500 million sovereign wealth fund. Mauritius Finance Minister Pravind Jugnauth made the announcement in Port Louis today during his annual budget presentation. The sovereign fund will have the ability to invest a wide variety of asset classes such as fixed income, equities and […]