Angola’s SWF hunts for assets to diversify its base

In a bid to boost returns and diversify its assets, Angola’s $5 billion Sovereign Wealth Fund is looking for potential investments in mining, timber, health and agricultureHowever, the slump in the price of oil and resulting budget cuts may constrain the government’s ability to approve additional allocations to the fund.

Read more at Bloomberg…

Be the first to comment

Leave a Reply

Your email address will not be published.


This site uses Akismet to reduce spam. Learn how your comment data is processed.