(Reuters) - SAN FRANCISCO, June 21 - Rapidly growing
investment funds run by countries with large trade surpluses
could pose a risk to financial market stability, a top U.S.
Treasury official said on Thursday.
Clay Lowery, the Treasury's acting undersecretary for
international affairs, called the development of a best
practices guide for the sovereign wealth funds, which now hold
assets of some $1.5 trillion to $2.5 trillion.
Read more at Reuters.com Government Filings News
investment funds run by countries with large trade surpluses
could pose a risk to financial market stability, a top U.S.
Treasury official said on Thursday.
Clay Lowery, the Treasury's acting undersecretary for
international affairs, called the development of a best
practices guide for the sovereign wealth funds, which now hold
assets of some $1.5 trillion to $2.5 trillion.
Read more at Reuters.com Government Filings News
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