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Home arrow News arrow East Timor News arrow E Timor wants to diversify $3bn state fund: president

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Show latest: 24, 72, 168 hours ago

E Timor wants to diversify $3bn state fund: president
Sunday, 25 May 2008
 

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SINGAPORE: East Timor will have $3bn by end-2008 in a sovereign wealth fund and may hire fund managers to diversify its US Treasury holdings into better performing assets, President Jose Ramos-Horta told Reuters yesterday.Ramos-Horta said the fund, which

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