Occidental Economies Yearn for their own Sovereign Funds
Australia and Italy are two occidental nations in the latest conversation on sovereign fund creation. In recent news, Italy wants to follow an identical path like France in creating a defensive sovereign wealth fund. In fact, the proposed state fund will most likely be modeled as a strategic investment fund to knock off potential takeovers by foreign entities. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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