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Sovereign Wealth Funds May Sell $404 Billion of Equities
Sovereign wealth funds may withdraw $404.3 billion from global stock markets this year if crude prices stay between $30 to $40 per barrel as oil-rich nations seek to shore up their finances, according to the Sovereign Wealth Fund Institute. The value of listed equities held by the world’s largest wealth…
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Click here to read the full story: Bloomberg